Siemens will invest Rs 186 crore to build a Metro train manufacturing facility at Aurangabad in Maharashtra.

The greenfield facility will be established by 2028 in a phased manner. This facility will be equipped with the latest technologies, locally procured components and skilled technical workforce, and can adapt to changing customer requirements.

This is in addition to the existing bogie manufacturing facility at the same location, which was opened in November 2022, and boasts of flexible production line capable of meeting domestic and global rolling stock requirements.

Siemens has unveiled plans for a total capital expenditure of Rs 1,000 crore in the next two years to bolster its production capabilities.

This initiative includes a Rs 519 crore investment to expand its gas-insulated switchgear factory in Goa, as it expands its factory footprint in the state for critical components.

These products will cater to sectors such as data centers, metro rail, oil & gas, steel, and others. These initatives are in addition to capacity expansions at the power transformer factory in Kalwa and the vacuum interrupter factory in Goa.