Switzerland-headquartered Stadler Rail AG has come forward to set up a Locomotive and Rail coach manufacturing unit in Visakhapatnam, the Andhra Pradesh Chief Minister’s Office today said.
Vijayawada / Visakhapatnam: Stadler Rail Management AG is planning to set up a unit in Visakhapatnam, which is expected to create 3,000 jobs, an official statement said here on Monday.
The company’s top officials said this when a delegation from Andhra Pradesh led by Chief Minister N. Chandrababu Naidu met them in Zurich, on the first day of their six-day long visit to Switzerland.
Stadler, which provides a comprehensive range of products in the commuter rail and railway segments, has presence in Kancharapara in West Bengal and is looking at Visakhapatnam to locate another unit especially to manufacture spares with aluminium, said the state government statement here.
“The Chief Minister, during his talks with Stadler executives, invited them to set up their manufacturing unit in AP and they consented to it,” the release claimed.
It quoted Stadler Executive Vice-President Peter Jenelten as telling the Chief Minister that they already have a manufacturing unit in West Bengal and another one would be set up in Visakhapatnam for manufacturing spare parts.
“We have plans to expand (our operations) in India and the USA. We plan to make India the southeast Asian hub for manufacturing rail coaches and locomotives,” the release quoted Peter as telling Chandrababu.
Stadler is an established company in manufacture of rail coaches and locomotives but it doesn’t have any unit in India as claimed by the CMO. Even the company’s website does not contain any mention of its Indian operations so far.
It is one of the major global players that evinced interest in the manufacture of EMU/MEMU coaches at the proposed Kanchrapara facility under the ambitious Rs 20,000 crore joint venture project of the Railways. “The company has a presence in Kancharapara in West Bengal and they are looking at Visakhapatnam to locate another unit especially to manufacture parts with aluminium,” the release added. “Apart from the investment, the project will create 3,000 jobs,” the release said.
Railways is expected to award the contract only in May and Stadler is not the only player in contention.
The delegation also met officials of Trittec company, which makes mosquito nets and meshes. The company evinced interest in setting up of a production unit in Andhra Pradesh.
The company officials informed Naidu that they need 5,000 sq metres of land for setting up of the production unit through which 400 to 500 people would get employed.
From the proposed unit, the company aims to export these meshes to Pakistan, Bangladesh, and Sri Lanka.
Gherzi Corporation, who are specialists in blood plasma fractionation, plans to make investment to the tune of Rs 2,000 crore in Andhra Pradesh, the statement said.
Ratakonda energy systems, a clean energy provider, also plans to set up a 50 MW project in the state.
The company has projects in solar power and information technology in Germany.
Naidu met representatives of European Education and Research Council (EERC) of Germany which plan to integrate research in educational institutions with manufacturing in factories.
The group specialises in the fields of aeronautical, automobile and mechanical engineering, and has interest in setting up automobile clusters.
The Chief Minister informed the representatives that he is keen on bringing in the German technology to Andhra Pradesh, especially in the automobile sector.
Naidu suggested that they could network with the Sri Venkateswara, Andhra and Nagarjuna Universities.
The delegation also called on representatives of Baumgarte Company, a part of the EEARC group and specialists in producing energy from waste.