Hitachi Rail Expands Presence in Southeast Asia
24.06.2024
Giuseppe Marino, CEO of Hitachi Rail, announced the company’s strategic plans to expand its presence in key Southeast Asian countries such as Singapore, Malaysia, and India, this is reported by the railway transport news portal Railway Supply.
These announcements came shortly after the completion of the acquisition of Thales Group, significantly strengthening Hitachi Rail’s position in the international market.
One of the most significant projects under the new course is the potential supply of rolling stock and technologies for the high-speed rail line (HSR) between Singapore and Kuala Lumpur.
The project has also attracted attention from other major players, such as the Chinese company CRRC, which has also expressed interest in its implementation.
This project opens up great prospects for Hitachi Rail in the region, given the growing demand for modern and efficient transportation solutions.
In India, Hitachi Rail plans to produce its first high-speed trains, marking an important step in expanding its presence in the Indian market.
India, with its growing economy and infrastructure modernization efforts, represents an attractive market for innovative railway technologies.
Currently, Hitachi Rail successfully produces rolling stock, including high-speed trains using Shinkansen technology, for countries such as the United Kingdom, Japan, and the United States.
The acquisition of Thales Group has significantly expanded the company’s capabilities to promote its products in new markets.
This acquisition provides Hitachi Rail with access to advanced technologies and allows it to effectively compete with giants such as CRRC.
Expansion in Southeast Asia means not only increased production and sales for Hitachi Rail but also strengthening its position in one of the world’s most dynamically developing markets.
The region is characterized by high population density and rapid economic growth, creating significant demand for modern and efficient transportation solutions.
Giuseppe Marino expressed confidence that, thanks to the acquisition of Thales Group, Hitachi Rail will be able to offer more comprehensive and technologically advanced solutions, meeting the needs of both public and private customers in the region.
As a result, the company will not only strengthen its position but also become a leading supplier of railway technologies in Southeast Asia.
Given its existing experience and accumulated knowledge, Hitachi Rail has every chance of success in implementing its ambitious plans.
Expanding its geographical presence and participating in key infrastructure projects will help the company consolidate its position in the global market and continue developing in new directions.
Thus, Hitachi Rail’s strategic expansion in Southeast Asia opens up new horizons and prospects for the company, confirming its status as one of the leaders in railway technologies.
Photo: japannews.yomiuri.co.jp
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