Siemens is bullish about its prospects in India, particularly in smart infrastructure, amid the country’s economic growth and potential for diversification from China. Matthias Rebellius, a Siemens managing board member, emphasized India’s priority for future investments, citing opportunities in grid upgrades and renewable energy projects. With a notable increase in sales for its Indian subsidiary last year, Siemens aims to capitalize on India’s expanding market. While acknowledging China’s significance, Rebellius sees India as a focal point for investment due to geopolitical tensions. Globally, Siemens observes a return to normal ordering patterns post-Covid and has launched a sustainability label to meet evolving customer demands.
Siemens Optimistic about India’s Growing Economy, Eyes Investment Opportunities
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