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Siemens Limited announces 7% increase in revenue, 25% rise in PAT in Q3 FY 24

The new orders stood at Rs 62.45 billion, an increase of 18% over the same period last year. Read more

Siemens Limited partners with BMRCL for sustainable rail electrification

The project covers 30 stations spanning over 58 kilometers connecting Bengaluru Airport terminal to Central Silk Board via KR Puram and two depots. Read more

Siemens to invest over Rs.10 billion to expand operations in India

The company aims to meet the growing demand in critical sectors such as industry, infrastructure, and power distribution by expanding two of its factories. This strategic move includes the establishment of a state-of-the-art metro train manufacturing facility in Aurangabad and the expansion of the Smart Infrastructure Operations in GoaRead more

Siemens Limited declares CAPEX of over Rs 10 billion

The company's Smart Infrastructure Business is set to boost its factory presence in Goa with an investment of Rs 3.33 billion, marking the largest investment by Siemens in the state. Read more

Siemens Limited declares 19% increase in revenue; 74% higher PAT in Q2 FY24

Revenue of Rs 52.48 billion was seen as a 19% increase over the same quarter in the preceding year.Read more

Siemens to acquire Mass-Tech Controls’ EV division

Siemens enters into an acquisition with Mass-Tech Controls to acquire EV division of the company strengthening its capability to address fast-growing demand for electric vehicle charging infrastructure in India, expand local market presence, and enable creation of export hub.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 consortium partners Gujarat Metro Rail Corporation for advanced rail electrification technologies

Siemens Limited equips consortium along with Rail Vikas Nigam Limited for Surat Metro Phase 1 spanning over 40 kilometers and Ahmedabad Metro Phase 2 over 28 kilometers with state-of-the-art rail electrification technologies. Read more

Siemens launches its first industry-ready 5G routers in India

Siemens Limited announced the launch of private industrial 5G user equipment with applications on industrial 5G offer long-term benefits to a wide range of customer segments that depend on a strong communication backbone.Read more

Siemens Limited sets up facility for bogies in Maharashtra

Siemens Limited has set up a state-of-the-art factory for bogies in Aurangabad (Maharashtra) to address the increasing demand from railways in India and across the world. Read more

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