Siemens Ltd to invest Rs 416 crore in India manufacturing capacity

Siemens Ltd, the Indian flagship of Siemens AG, plans to invest Rs 416 crore to expand manufacturing capacity for medium voltage switchgear vacuum interrupters and power transformers in India, to meet rising domestic and global demand.

“We are adding capacities in the power transformer and vacuum interrupter businesses to serve the increasing domestic and global demand for power transmission and power distribution solutions.”newprojectstracker.com

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• newprojectstracker.comSiemens to invest Rs 416 crore for expanding manufacturing capacityDec 5, 2023

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