Siemens Latest News

  1. Siemens AG plans to make India its global hub for manufacturing key steel plant equipment.
  2. Chennai Metro Rail Ltd has awarded a Rs 305-crore contract for power supply and overhead equipments to Siemens AG, Germany and Siemens Ltd India consortium. Chennai Metro is implementing the Rs 14,000-crore metro rail project in Chennai.
  3. Siemens wants to exceed the €40-billion revenue mark globally with green technologies by 2014.
  4. Siemens India plans to earn over Rs 6,100 crore by selling localised base level products in the next 10 years.
  5. Siemens India Ltd is back on the growth track as it expands capacity, launches new products for the global market, and prepares to enter the nuclear power generation and water treatment markets.
  6. The consortium of Siemens Ltd. and Siemens AG has won an export order worth Rs. 403 crore from Ezdan Real Estate QSC, Doha, Qatar. The contract value for Siemens Ltd. is Rs, 342 crore and Siemens AG is Rs. 61 crore.
  7. Engineering major Siemens Ltd plans to set up a new facility for industrial products in Aurangabad this year. The company is expected to offer a product for the transportation sector.
  8. Siemens Ltd will invest Rs 275 crore to triple capacity of its steam turbine manufacturing facility in Vadodara, Gujarat. The plant would make single and multi-stage steam turbines up to 45 MW for industrial applications
  9. The tussle between German engineering major Siemens India and its Indian investors is snowballing into a serious corporate governance controversy.
  10. Siemens has bagged a turnkey order worth Rs. 2116 million (212 crore) from SAIL for Rourkela Steel Plant (RSP).
Return to Top
Puchho Befikar