Subscribe Now Advertise

Categories

search Result

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

Budget FY25 Decoded!

With emphasis on infrastructure, skill development, MSMEs, and manufacturing, the FY25 budget aims to drive India’s manufacturing-led expansion and exports. However, there are some missed opportunities as well. SME deciphers the short and long term impact of the budget with industry experts.Read more

Capital goods train delay hits India Inc's capex plans

Southeast Asian manufacturing hubs such as Taiwan, Vietnam and Indonesia are expanding component-level manufacturing.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 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 invest Rs 416 crore for expanding manufacturing capacity in India

The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more

Siemens announces milestone of 100 digital use cases on Siemens Xcelerator

Tata Consultancy Services (TCS), Koncept Engineers, Safex Technologies and Sonicbolt Technologies announced as Siemens Xcelerator Ecosystem PartnersRead 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 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

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016