Siemens is likely to acquire new businesses to support existing verticals of Energy, Automation and Engineering services. The company has a cash surplus of Rs 2300 crore could acquire new businesses. The company’s management will look at the acquisition route either for getting a new technology, which could be used in local and international market, or accessing newer markets based on better dealership network. The company is already having 22 factories, therefore, investment in newer factories will be made when existing capacities are fully utilised.
Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization. It is one of the leading producers of energy-efficient, resource-saving technologies; combined cycle turbines for power generation; and power transmission solutions
Company Name | CMP |
---|---|
Siemens | 5915.00 |
Havells India | 1663.45 |
Apar Inds | 7961.30 |
ABB India | 6702.20 |
CG Power & Indl.Soln | 548.50 |
View more.. |