31 January 2024 Asia and Indonesia

Wabtec Awarded $157 Million Brake System Order From Siemens Limited

Wabtec Corporation (NYSE: WAB) announced today a large brake system order from the Mobility Business of Siemens India Private Limited for the prestigious 9000HP locomotive project for Indian Railways. The $157 million (Rs.1300 crore) order will provide improved operating performance, efficiency, and safety with the latest technology for the new line of 1,200 electric locomotives. “Siemens is firmly committed to transform rail and mobilize India with cutting-edge technologies and solutions. We a

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