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SIEMENS
a subsidiary of Siemens AG (Germany), is a diversified engineering company that offers integrated solutions across smart infrastructure, automation, mobility, and energy systems. Backed by a strong promoter with a 75% stake, the company operates through key business segments such as Smart Infrastructure (40%), Digital Industries (17%), Mobility (13%), and Low Voltage Motors (4%). Its Energy business (24%) was demerged into Siemens Energy India Ltd in April 2025. Siemens also provides digital transformation tools through its Xcelerator platform, offering modular digital solutions like Building X and Gridscale X. Despite flat revenue in Q2 FY25 due to scheduled project cycles, the company maintains a strong presence in domestic markets (84% of FY24 revenue).
As of September 2024, Siemens had an order book of ₹48,260 Cr, up from ₹45,520 Cr the previous year, with ₹9,563 Cr in fresh orders booked in H1 FY25. It is undertaking significant capex of ₹1,000 Cr, including expansions in transformers, metro manufacturing, and switchgear facilities. Additionally, the Energy business plans to double its transmission capacity by December 2025. Recent restructuring, including the energy demerger and strategic investments in high-growth areas like mobility and digital infrastructure, positions Siemens well for long-term growth in India's industrial and energy transformation.
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