Bombardier Wins New Contract in Delhi to Deliver Further 74 MOVIA Metro Cars

Bombardier Transportation announced today that it has won an order for 74 BOMBARDIER MOVIA metro cars from the Delhi Metro Rail Corporation Ltd (DMRC). The contract is valued at approximately 83 million euros ($101 million US) and includes an option of a further 40 cars. Delivery will follow the completion of existing contracts and is expected to end in 2011. With the contract award DMRC will be operating a large fleet of 498 MOVIA metro cars, benefiting from economies of scale in both acquisition and maintenance costs.

The new achievement is a further milestone for Bombardier’s railway vehicle manufacturing operations in India, part of a sound and swiftly implemented business expansion plan. The company signed its first contract with DMRC in July 2007, inaugurated its manufacturing plant in Savli, Gujarat in November 2008 and completed the local manufacturing of its first metro car in June 2009. Today over 160 of these MOVIA cars are successfully operating in Delhi’s metro network.

Stéphane Rambaud-Measson, President, Passengers Division, Bombardier Transportation, declared: “We are delighted to receive this additional order from Delhi Metro. It is an excellent endorsement of our increasing industrial presence in India, which is growing from strength to strength.”

The recent industrial set-up at Savli, where MOVIA metro cars for DMRC are manufactured, is a landmark achievement by any standard. The site was built in a record 18 months involving a great deal of skill and co-operation from Bombardier teams in India and abroad. Providing a further impetus to the local economy and a testament to India’s vast skills base, the site generated 750 new jobs and over 2,000 indirect jobs through the local supplier network.

Rajeev Jyoti, President & Managing Director, Bombardier Transportation in India, said: “India’s railway industry is expanding at great speed to keep up with the infrastructural requirements of the country. Having anticipated this growth, Bombardier in India is more than ready and willing to match the industry’s needs in terms of products, technology and our international expertise. Making Vadodara the only city in the world equipped to deliver all key electrical and mechanical components for the manufacturing of a railway vehicle is a clear demonstration of Bombardier’s local capacity and commitment.”

In the phase II expansion of the Delhi Metro, the modern MOVIA high-capacity vehicles will transport an impressive 4 million passengers every day, reducing their journey time and alleviating the heavy traffic congestion and pollution prevalent in the city. The phase II expansion extends the existing network to a total of 125 kilometres covering all major destinations in the East-West and North-South corridors of the city, which is occupied by approximately 16 million inhabitants.