Alstom India Company

Indian Railways has canceled the tender for the purchase of 100 Vande Bharat trains for Rs 30,000 crore. Alstom India, which had agreed to manufacture and supply the Vande Bharat train, got the tender canceled because the price of the train was too high. Indian Railways had set the maximum price for a Vande Bharat train at Rs 140 crore. In the tender submitted by Alstom India, the cost per train was Rs.150.9 crore.