Market Overview

Mitsubishi Electric Receives Propulsion Equipment Order for Delhi Metro

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Boosts total sales in India's metro markets beyond 3,000 railcars

Mitsubishi Electric Corporation (TYO:6503) announced today that it has been awarded a contract from Indian train builder BEML Limited to supply propulsion equipment for 80 new cars of Delhi Metro. With the order, Mitsubishi Electric has now sold propulsion equipment for more than 3,000 railcars in India's metro markets.

Mitsubishi Electric began its history of supplying India's metro markets when it delivered propulsion equipment for the Delhi Metro Phase I Project in 2001. The energy-saving performance and high quality and reliability of Mitsubishi Electric equipment has led to continuous orders from major metro systems in India for the past 19 years.

Since 2015, the Bidadi Factory of Mitsubishi Electric India Pvt. Ltd. (MEI) in Bengaluru, Karnataka, a subsidiary of Mitsubishi Electric, has been producing propulsion equipment, such as traction motors and inverters, for supply to the local market. Local production operations have enabled Mitsubishi Electric to support the Indian government's "Make In India" policy for local production.

For the full text, please visit: www.MitsubishiElectric.com/news/

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