Siemens India to invest Rs 333 crore to expand gas-insulated switchgear factory in Goa

Siemens India plans to invest Rs 333 crore to increase capacity of its gas-insulated switchgear factory in Goa by about 23%, manufacturing around 22,000 feeders and 1,500 panels. Expansion is planned in phases over three years starting 2024-25.

“Both factories will rank among leading globally benchmarked sustainable factories while also contributing to the Government of India’s Make in India and Aatmanirbhar programs through localization.”moneycontrol.com

• 2 sources
• moneycontrol.comSiemens India plans to invest Rs 519 cr for expansion of gas insulated switchgear factory in Goa, Metro train mfg unit in AurangabadMay 14, 2024
• timesofindia.indiatimes.comSiemens’ Verna plant set for Rs 333cr infusion | Goa News - The Times of IndiaTNNMay 18, 2024

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