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.”

For more information on companies in this article

Related Content

  • Australia’s ITS market predicted to grow almost 15 per cent by 2020
    December 16, 2016
    According to a new market research report published by MarketsandMarkets, Australia’s intelligent transportation systems is expected to grow at a CAGR of 14.41 per cent between 2015 and 2020, and reach US$1,130.2 million by 2020. The report is combined with an in-depth analysis of the various market dynamics such as drivers, restraints, and opportunities. Along with the market dynamics, the report also gives an insight about various market parameters, such as market share analysis, value chain analysis,
    Read More
  • Iteris increases revenue in fiscal year 2015
    June 17, 2015
    Iteris has reported record revenue for fiscal year 2015 and significant progress on strategic initiatives. Total revenues for the year have increased by six per cent over 2014 to US$72.3 million, while total gross margin improved to 39 per cent. Revenue for roadway sensors revenues has increased by 15 per cent to US$36.4 million.
    Read More
  • Bharath Electronics wins $12 million contract to renew Hyderabad’s traffic signalling infrastructure
    September 3, 2012
    The city of Hyderabad has announced an ambitious 12-month plan to install a new city-wide traffic signal system called the Hyderabad Traffic Integrated Management System (HTRIMS). The US $12 million contract, which was awarded to Bharath Electronics Limited (BEL) earlier this month, aims to upgrade traffic signals at 180 existing junctions across the busy city and bring a further 41 new junctions into the system.
    Read More
  • P3s offer new options for public transit agencies
    March 28, 2018
    David Crawford welcomes new US guidance on public-private partnerships in the public transit sector. Public-private partnerships (P3s) are becoming increasingly favoured as a means of cost-effectively delivering much-needed public transit projects across the US. Previously, researched examples have tended to be on the large-scale while information on the potential for smaller, more localised schemes has been comparatively sparse. In a bid to fill that gap, the ‘Public Transportation Guidebook for Small
    Read More

Highlighted Content