Electrical equipment maker Siemens may partner with Mukesh Ambani-owned Reliance Industries (RIL) for future security solution projects on a case-by-case basis. The two companies kept away for bidding for a security project for the city of Mumbai, either individually or jointly, after declaring their intent in September to join hands together for developing homeland security applications for the Indian market.
In September last year Reliance Industries joined hands with Siemens, its first tieup since establishing a homeland security and aerospace division. However, there are some reports that the venture between the two companies may come to an end owing to differences over strategic and operational issues.
