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India to become Siemens' top market by 2027
Siemens is expanding its existing network of 32 factories in India, with a recent €100 million investment directed towards capital expenditure, supporting growth in its infrastructure, industrial, and mobility segments.Read more
Siemens Energy contemplates stake sale in Siemens Ltd to strengthen finances
Siemens AG already holds a 51% stake in Siemens Ltd, and increasing this shareholding could prove to be a strategic maneuver, more palatable to the group's shareholders.Read more
Siemens plans major urban transport hub in India following Indian Railways contract
This strategic move is fuelled by Siemens' recent milestone contract with Indian Railways, valued at Rs 26,000 crore (approximately $3 billion).Read more
Boards agrees to sale Siemens’s motor business to Siemens AG subsidiary
Siemens’s Board of Directors approves sale of low voltage motors and geared motors business to a subsidiary of Siemens AG for Rs 2,200 crore. This transaction consequent to intent of Siemens AG to carve out Innomotics business into a legally separate company.Read more
Siemens acquires C&S Electric for Rs 2100 cr to meet increasing electrification
In order to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. has signed an agreement to acquire New Delhi-based C&S Electric Limited.Read more
Siemens and Alstom join forces to create a European champion in mobility
Siemens and Alstom have signed a Memorandum of Understanding to combine Siemens’ mobility business including its rail traction drives business with Alstom.Read more
