Technology major Siemens has opened its first Technology and Application Centre (TAC) at Peenya, the industrial area of Bangalore. Spread across 6,500 square feet, this facility will enable machine tool manufacturers and end users to improve productivity through testing machining techniques in real-world conditions.
Siemens is the flagship listed company of Siemens AG in India and is a major player in the electronics and electrical engineering business. Germany’s Siemens AG holds a 75 per cent stake in the company.