Cubic expands India operations into new facility to support growth

Cubic Transportation Systems (CTS), to support its growth from major fare payment system contracts in New York and Boston, will expand its Hyderabad operations into a larger facility. CTS’ broadened footprint in India is also expected to strengthen business opportunities in the region. Matthew Cole, president, CTS, said: “Our India operations exemplify Cubic’s global strength as we continue to grow, having recently won two of the industry’s largest fare payment system contracts in New York and Boston.
January 10, 2018 Read time: 1 min

378 Cubic Transportation Systems (CTS), to support its growth from major fare payment system contracts in New York and Boston, will expand its Hyderabad operations into a larger facility. CTS’ broadened footprint in India is also expected to strengthen business opportunities in the region. 

Matthew Cole, president, CTS, said: “Our India operations exemplify Cubic’s global strength as we continue to grow, having recently won two of the industry’s largest fare payment system contracts in New York and Boston. This expansion supports the growth in resources we are focused on for our major engineering centres in the United States, the United Kingdom and Australia.”

Related Content

  • May 26, 2017
    Technavio names top 5 vendors in the global smart highway construction market 2017-2021
    Technology research company Technavio has announced the top five leading vendors in their recent global smart highway construction market 2017-2021 report. This market research report also lists 14 other prominent vendors that are expected to impact the market during the forecast period. According to the report, the smart highway construction market will grow at an exponential rate and post a CAGR of almost 94 per cent by 2021. The vendors in this market can expect significant market growth in the coming ye
    Read More
  • January 25, 2018
    Manchester seeks smart but not selective transport solutions
    Smarter transport relies on better communications both with travellers and between transport providers. Andrew Williams reports. Inrix’s prediction that the cost of traffic congestion will rise by 63% to £21bn per year by 2030 clearly illustrates that, in addition to the ongoing inconvenience and inefficiency, ongoing gridlock is a significant drain on the economy. It is against this backdrop that a Cisco-led consortium has launched CitySpire, a smart transport programme that uses location-based services a
    Read More
  • December 3, 2012
    ITS projects deliver return on investment
    Light is being shed on where the real return on investment is today – growing, tangible, revenue-generating markets like ITS. There is a great deal of investment going on within the ITS space, and a great deal of external interest in investing in ITS,” says Scott Belcher, President and CEO of ITS America, which has been connecting investors with technology firms ripe for investment. Interested parties include the leading investment banking firm Raymond James. Its managing director, Gary Downing says: “ITS i
    Read More
  • December 22, 2014
    Jenoptik forecasts substantial growth for 2015
    The Jenoptik Group is confident of its prospects for the 2015 fiscal year. Based on a major order and project pipeline as well as positive effects resulting from the acquisition of Vysionics, the UK traffic solutions specialists, the executive board is anticipating substantial growth in 2015.
    Read More

Highlighted Content