Credit rating agency, CRISIL has reaffirmed ‘AAA/Stable’ rating to Siemens’ long-term bank loan facilities, while the rating agency has reaffirmed ‘A1+’ rating to the company’s short-term bank loan facilities.
The company has received the said rating on the back of its diversified business portfolio, strong market position, technical and managerial support it receives from its parent, Siemens AG, and its healthy financial risk profile.
The Siemens Group in India has emerged as a leading inventor, innovator and implementer of leading-edge technology enabled solutions operating in the core business segments of Industry, Energy and Healthcare.
