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Alstom starts fencing 100-acre locomotive plant site at Madhepura
Dubbed as the first major FDI project under Make in India initiative, the Rs 20,000-crore electric locomotive factory at Madhepura in Bihar seems to be on track.
French multinational engineering giant Alstom, which won the contract to work with Indian Railways in a joint venture (JV), has already started fencing and securing the 100 acre land already acquired for the factory.Bharat Salhotra, managing director of AlstomBSE 0.22 % Transport, told ET in an interview that the project was getting full support from the state government.
