Union Budget 2022-23: Post Budget Insights by Alstom

The Union Budget 2022-23 was presented by the Finance Minister Nirmala Sitharaman on 01.02.2022.

Mr. Alain SPOHR, Managing Director, Alstom India & South Asia said, “We welcome the progressive and growth-oriented Union Budget presented by the Finance Minister for 2022-23. India is poised to regain its title of the fastest-growing large economy with a 9.2% GDP growth estimated for the coming year. With an enhanced capital expenditure outlay of 35% as compared to last year, core infrastructure segments including Railways and Urban Transport stand to benefit and will have a huge multiplier effect on the economy”.


  • Highlight of the budget was the announcement to introduce 400 new Vande Bharat trains over the next three years, introduction of the state-of-the-art KAVACH TCAS signalling systems over 2000 kms of railway network, larger investments to provide for sustainable and integrated urban transport systems. 
  • The total budget estimates of Rs 23,875 crore for MRTS & Metro Projects will incentivise faster implementation of projects and the standardisation of metro design systems will provide the much-needed stability for manufacturers.
  • The development of 100 Cargo terminals over the next 3 years will also improve India’s competitiveness in faster and cleaner logistics and freight movement by rail. 
  • The announcement of a new legislation regarding Special Economic Zones is a welcome step as it will help India enhance the competitiveness of its exports and integrate successfully with global supply chains.
  • From a policy standpoint, the launch of the next phase of Ease of Doing Business (EoDB 2.0), is a step in the right direction. 
  • Modernized rules for evaluation of complex tenders, especially transparent quality criteria and provisions for payment of 75% of running bills mandatorily within 10 days will encourage faster dispute resolution.
  • Introducing the PLI scheme for railway manufacturers and exporters promoting Make-in-India would have been ideal for fast-tracking the implementation of projects and supporting the manufacturing ecosystem. 
  • They are anticipating FM’s announcement regarding plans for the private train operations; however, this budget provides the overall push towards economic growth and addresses the key priorities of the Government.

About Alstom:

  • Alstom is the only multinational sustainable mobility provider in India, to have a comprehensive portfolio of offerings to meet customer-specific needs, from cost-efficient mass-market platforms to high-end technological innovations. Synonymous with the country’s ‘Rail Revolution’, Alstom continues to be a strategic partner in supporting India’s freight revolution and passenger movement. 
  • With 6 industrial sites and 2 engineering centers, the company not only caters to domestic project needs, but also delivers for many international projects.
  • Supporting the government’s modernization initiatives, Alstom has been at the forefront of introducing several breakthrough technologies in India with world class rolling stock, rail equipment & infrastructure, signalling and services. 
  • Fully aligned with the country’s vision of Make-in-India and Atmanirbhar Bharat, Alstom remains deeply committed to strengthening its local sourcing and supply chain ecosystem.


  • Rolling Stock (Urban & Mainline)
  • Signalling & Digital Mobility 
  • Systems 
  • Infrastructure

Industrial Foot Print:

  • Madhepura: Mainline Rolling Stock (Electric Locomotives) 
  • Sricity: Urban Rolling Stock
  • Savli: Rolling Stock & Bogies
  • Coimbatore: Traction & Equipment 
  • Maneja: Propulsion Equipment–Kolkata: Car Body Shells

Engineering Centres:

  • Bengaluru
  •  Hyderabad

Export References:

Rolling Stock:

  • Sydney Metro Northwest Rail Link (132 metro cars)
  • Queensland Rail New Generation (450 commuter cars)ENGINEERING
  • 4.4 Million HoursCOMPONENTS & EQUIPMENT
  • 15 Global projects
  •  Bogie components
  •  5 Global projects
  •  Propulsion Equipment


  • 4.4 Million Hours.

Components & Equipment: this is called colon: 

  • 15 Global projects – Bogie components.
  • 5 Global projects – Propulsion Equipment.

Key Rolling Stock Projects:


  • Lucknow Metro (80 metro cars).
  • Kochi Metro (75 metro cars).
  • Chennai Metro (172 metro cars).
  • Delhi Metro (816 metro cars).


  • Sydney Metro Northwest Rail Link (132 metro cars).
  • Queensland Rail New Generation (450 commuter cars).

Signalling, Systems And Infrastructure Projects


  • EDFC – New Khurja-Bhaupur section of 351 Kms &.Operations Control Centre (Prayagraj).
  • Mumbai L2, L3 & L7 – CBTC Signalling & Telecommunication.
  • Kochi Metro – CBTC Signalling & Telecom.
  • Bengaluru Metro Phase I – DTG Signalling.
  • Delhi Metro L5 & L6 – DTG Signalling.

Systems & Infrastructure: 

  • Bengaluru 3rd rail – EP2CC.
  • Delhi Metro Phase III Track work (Package CT-1B).
  • Kochi Metro – Receiving Sub-station & power supply.
  • 3rd rail 750 VDC.

Key Projects In Progress:

  • Alstom & Indian Railway JV: 800 electric locomotives and associated long-term maintenance for a period of 13 years.
  • Delhi – Meerut RRTS: 210 commuter metro cars and installing India’s first ETCS Level 2 system for a mainline project.
  • Mumbai Metro Line 3: 248 metro cars and equipping the latest CBTC signalling technology.

Ongoing Projects – Urban Rolling Stock:

  • Mumbai Metro Line 3 (248 metro cars).
  • Montreal Metro (212 metro cars).
  • Sydney Metro City & Southwest Extension (138 metro cars).
  • Perth Metro (252 Car Body Shells).
  • Agra – Kanpur Metro (201 metro cars).
  • Mumbai Metro Line 4 & 4A (234 Metro cars).

Source: Alstom-Press Release