SIEMENS LIMITED, INDIA

OVERVIEW

SiemensSiemens Limited (or Siemens India) is an integrated technology provider, and part of German conglomerate Siemens AG, with its head office in Mumbai, Maharashtra, India. Later incorporated as a company in 1957 (under the Indian Companies Act), Siemens had established its first office in India in 1922. The company focuses on industry-specific applications for electrification (transmission, distribution and consumption), automation and digitalization.

Siemens India’s core business in India comprises the following divisions:

  1. Siemens Power and Gas
  2. Siemens Wind Power & Renewables
  3. Siemens Power Generation Services
  4. Siemens Energy Management
  5. Siemens Mobility
  6. Siemens Building Technologies
  7. Siemens Digital Factory
  8. Siemens Process Industries & Drives
  9. Siemens Financial Services
  10. Siemens Healthcare

Market Leadership

  • Siemens India is the largest manufacturer of energy-efficient industrial motors in India.
    (1 out every 2 energy efficient motors sold in India is by Siemens)
  • 7 out of 10 trucks carrying ready mix concrete on Indian roads are equipped with Siemens PLCs, HMIs and weighing controllers.
  • 22% of power generated in India uses Siemens technology
  • 1,63,000 thyroid tests are performed on Siemens’ laboratory diagnostics machines in India every day
  • Siemens India is one of India’s leading:
  • Producers of energy-efficient technologies, combined cycle turbines and power transmission solutions
  • Service providers of infrastructure, automation and software solutions
  • Suppliers of medical imaging equipment (such as computed tomography and magnetic resonance imaging systems), laboratory diagnostics and clinical IT systems

Vertical Market Expertise

Siemens India’s offerings include products and solutions in the following business verticals:

  • Automotive
  • Chemicals
  • Food & Beverage
  • Glass & Solar Industry
  • Marine & Shipbuilding
  • Minerals
  • Pharmaceuticals
  • Pulp & Paper
  • Water & Wastewater

Future Plans

Siemen’s India’s growth strategy focuses on:

  • Increased public sector investments in Power Generation, Transmission, Distribution and Mobility.
  • Participating in public tenders for High-Voltage Direct Current solutions, Metros, Electric Multiple Unit Locomotives, Ultra-Mega Power Projects, etc.

The company’s shares are listed on Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE), and form a part of BSE 100, CNX 100 and CNX Nifty Junior indices of BSE and NSE respectively

Siemens India at-a-glance

  • Employees                                                             16,000+
  • Turnover (year ended 30 Sept., 2015)                  ~USD 1.59 billion
  • Group Companies                                                  13
  • Manufacturing Facilities                                         23
  • Sales Offices                                                          56
  • R&D Centers                                                          11
  • SMART Products                                                    31
  • Channel Partners                                                   500+

             Source: Corporate Brochure

History

Siemens’ history in India dates back to 1867, when its co-founder, Werner von Siemens, personally supervised the laying of the first telegraph line between London and Kolkata. Siemens’ first company office in India was founded in 1922, and the company’s first assembly plant started operations in 1956.

Today, Siemens is one of India’s leading technology providers in electrification, automation and digitalization.

Milestones

  • 1922 Siemens (India) Ltd. is founded in Kolkata
  • 1956 – Assembly & Repair workshop set up in Mumbai
  • 1957 Siemens Engineering and Manufacturing Company of India Private Limited is incorporated
  • 1960 – Starts manufacturing healthcare equipment at Worli, Mumbai
  • 1962 – Starts manufacturing railway signaling equipment at Worli, Mumbai
  • 1966 – Starts manufacturing motors at Kalwa
  • 1971 – Gets listed on stock exchanges
  • 1977 – Starts manufacturing industrial electronics equipment at Worli, Mumbai
  • 1980 – Starts manufacturing switchboards at Joka
  • 1981 – Starts assembly of switchboards at Nashik
  • 1987 – Starts manufacturing modern industrial electronics at Nashik
  • 1991 – Sets up a low-voltage switchgear factory at Aurangabad
  • 1994 – Establishes manufacturing facilities for optical fiber cables and solar photovoltaic systems at Aurangabad
  • 1998 – Siemens Hearing Instruments Pvt. Ltd. is established
  • 2004 – Sets up Corporate Technology Center in Bangalore
  • 2005 – Starts turbine production at Vadodra
  • 2007 – Marks 50 years of manufacturing in India
  • 2009
      • Starts gas-insulated switchgear unit in Aurangabad
      • Manufactures first 145kV gas insulated switchgear (GIS) at Aurangabad
  • 2010 – Expands steam turbine and compressor factory in Vadodra
  • 2011
      • Produces the world’s first 1200 kV SF6 circuit breaker at Aurangabad
      • Crosses the INR 100 billion mark in revenues
      • Declares merger of Siemens VAI Metals Technologies Pvt. Ltd. and Morgan Construction Company Pvt. Ltd.
      • Siemens Healthcare Diagnostics merges with Siemens Limited
  • 2012 – Sets up twin smart grid factories in Goa for energy automation and medium voltage
  • 2014 – First Indian CEO takes charge of the India office

BOARD OF DIRECTORS

  • Chairman: Mr. Deepak S. Parekh
  • Independent Directors: Mr. Darius C. Shroff, Mr. Yezdi H. Malegam, Mr. Keki B. Dadiseth, Mr. Pradip V. Nayak
  • Director: Mr. Joe Kaeser, Ms. Mariel von Schumann, Mr. Johannes Apitzsch
  • Special Director: Dr. Roland Busch (Nominee of Siemens Aktiengesellschaft, Germany)
  • Managing Director & CEO: Mr. Sunil Mathur
  • Executive Director & CFO: Mr. Christian Rummel

CONTACTS

REGISTERED & CORPORATE OFFICE

Siemens Limited

130, Pandurang Budhkar Marg

Worli, Mumbai – 400 018

India

Tel: +91 22 3967 7000

Fax: +91 22 3967 7500

INVESTOR RELATIONS

Contact: Mr. Vinayak Deshpande

E-mail: Corporate-Secretariat.in@siemens.com

Tel: +91 22 3967 7000

Fax: +91 22 3967 7562

 

 

1 Corporate Brochure

2 Annual Report 2015