La Farga opens a route to India
La Farga opens a route to India :La Farga has been awarded a part of one of the most important rail electrification projects in India.
This week La Farga has signed an accord with ALSTOM for one of the most important railway electrification projects in India. The project, which is part of the EASTERN DEDICATED FREIGHT CORRIDOR, is 343 km of double-track railway electrification from Bhaupur to Khurja. La Farga will supply the copper conductors, mainly alloys, which will be installed in the catenary.
This is one of the world’s major rail corridors, and will substantially improve the transport of goods in India. This project is part of a programme that is expected to create a total of 7 corridors with more than 10,000 km of electrification, making it the most important goods network in the world.
It is a very important project for La Farga because it represents the gateway to a market that is strategic for the company. Next year, India is expected to be one of the most dynamic economies in the world, with a growth in GDP of 7.3%. Investment in infrastructure is 1 quintillion US$ and is now the backbone of the countryâ€™s economy; a market that is full of opportunities and that gives an increasing importance to the quality of the product and to the sustainability of projects over time.
In the words of Miquel Garcia, General Manager of La Farga Lacambra “This electrification project requires 2,000 km of railway product conductors. We are encouraged by this award, since it is an emblematic work for the Indian market and we want the La Farga brand to become securely positioned in this country. The talks began in March 2015, and today we are reaping the fruit “.
La Farga is a metallurgical holding company that provides global solutions in materials made of copper and its alloys. It closed 2015 with a turnover of 887 million euros, with an investment of 13 million euros, and having produced 191,894 tonnes of consolidated copper. It exports 46% of its products, with a portfolio of customers that increased in 2015 by 10% thanks to the efforts and dedication of more than 347 employees. In recent years La Farga has positioned itself as a key partner in technological and sustainable solutions, providing a quality service and constant attention for customers focused on their needs that has allowed us to innovate and become a world leader in the sector.
A pioneer in the railway sector, La Farga offers a complete range of products for railway catenary, integrating all the production process and with a technological component that is a world leader. In recent years the company has consolidated its strategic positioning with high speed projects at an international level, such as the Meca-Medina Haramain in Saudi Arabia, the SEA HSL (Tours-Bordeaux) in France or the Morocco HSL.
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