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Loco Product Cost & Competitiveness Manager

ALSTOMKA, IndiaApril 20, 2026

Job Description

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling, and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, 80,000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Could you be the full-time Cost Estimation Engineer we’re looking for?

Your future role

Take on a new challenge and apply your cost estimation expertise in a cutting-edge field. You’ll work alongside collaborative and innovative teammates.

You'll play a key role in providing accurate cost inputs to the engineering team, enabling smarter decision-making and supporting negotiations with suppliers. Day-to-day, you’ll work closely with teams across the business (Product Development, Project Development, Costing, Industrial, and Sourcing teams), contribute to the creation and maintenance of cost databases, and much more.

You’ll specifically take care of developing cost models for various product families, but also evaluate technical costs and industrial processes to identify savings opportunities.

We’ll look to you for:

  • Creating cost models for a family of products based on specifications
  • Evaluating the technical cost of components using cost model approaches
  • Making assumptions about industrial processes based on component design
  • Calculating the technical cost of components using appropriate tools
  • Contributing to the improvement of cost estimation methodologies
  • Sharing feedback from suppliers and formalizing cost-saving opportunities

All about you

We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role:

  • Degree in engineering or a related field
  • Good product knowledge
  • Strong understanding of industrial processes
  • Curiosity and a proactive approach to problem-solving
  • Open-mindedness and a collaborative mindset
  • Attention to detail and a rigorous work ethic
  • Good communication and interpersonal skills
  • Nice to have: Familiarity with DMA/CATIA for basic work
  • Nice to have: Experience using SAP to extract costing information

Things you’ll enjoy Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also:

  • Enjoy stability, challenges, and a long-term career free from boring daily routines
  • Work with new methodologies and tools for cost estimation
  • Collaborate with cross-functional teams and supportive colleagues
  • Contribute to innovative projects that shape the future of mobility
  • Utilise our dynamic and inclusive working environment
  • Steer your career in whatever direction you choose across functions and countries
  • Benefit from our investment in your development through award-winning learning opportunities
  • Progress towards leadership or specialized roles in cost estimation
  • Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.

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