Railways’ bigwig Alstom contributes €438M in indirect and induced GDP to India’s economy: Report
In five years, Alstom contributed €438M in indirect and induced GDP to India’s economy. A global leader in sustainable and green mobility solutions, Alstom has recently released its first India Impact Report in partnership with Ernst & Young. The India Impact Report captures the socio-economic contributions as well as ESG goals by Alstom in the country until the end of March 2021. Alstom India had purchased €331 million worth of goods and services, among which 75 per cent is made with Indian suppliers. Overall, €142M (Rs 12,556 M) has been invested by the company locally in the last five years. In addition, the firm has conducted 21 technology transfers across Alstom locations, to suppliers as well as other partners.
