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Siemens Limited announces over Rs 1,000 crore CAPEX for factory expansions in India · Endata

◂ Announcements

May 14, 2024EXPANSIONGoa and Aurangabad, India, India

Siemens Limited announces over Rs 1,000 crore CAPEX for factory expansions in India

Siemens Limited announced expansion of two factories in India: a Smart Infrastructure factory in Goa (Rs 333 crore) for Gas Insulated Switchgear and Clean Air GIS, and a Metro train manufacturing facility in Aurangabad. Combined with earlier expansions in Kalwa and Goa, total CAPEX exceeds Rs 1,000 crore.

Value

$120.0M (10.0B INR)

Status

Announced

ProductsGas Insulated SwitchgearClean Air GISMetro trains

CompaniesSiemens

Sectors#Electrical Equipment #Automotive Components

“Siemens Limited announced the expansion of two of its 32 factories in India today.”press.siemens.com

2 sources
press.siemens.comSiemens Limited announces CAPEX of over Rs. 1,000 crore | Press | Company | SiemensMay 14, 2024
cablecommunity.comSiemens Outlays Rs. 1,000 Cr. CapEx Plans in India – CableCommunity.comMay 16, 2024

Summarized from public sources; check the original articles before acting on it.

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