Siemens Limited has unveiled ambitious plans to expand its manufacturing capabilities in India with significant investments in two of its 32 nationwide factories.

These expansions are in line with previous capacity increases at the Power Transformer factory in Kalwa and the Vacuum Interrupter factory in Goa, as announced in November 2023.

The total capital expenditure is projected to exceed Rs 1,000 crore, marking a major investment in growth and technological innovation.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said, “Over the past few years, India has made rapid strides as a preferred destination for manufacturing and business. We believe that with the latest investments, our largest in recent years, we will be able to better address customer requirements with a stronger portfolio and go-to-market. It is further evidence of the strong commitment of Siemens towards India and will help leverage the full potential of the fast-growing Indian market.”

With these strategic expansions, Siemens Limited continues to reinforce its position as a leader in technological innovation and sustainable industrial practices, aligned with India’s growth objectives.