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.
More Details:
Siemens Limited unveils plans for the expansion of two Indian factories, augmenting its manufacturing capabilities. This initiative supplements previous capacity expansions announced for the Power Transformer factory in Kalwa and Vacuum Interrupter factory in Goa. The total Capex investment is projected to surpass Rs 1,000 crore, signalling a significant commitment to growth and innovation.
Key Highlights:
- Expansion in Goa will bring to market state-of-the-art Gas Insulated Switchgear and Clean Air GIS (Blue GIS) technologies.
- State-of-the-art Metro train manufacturing facility at Aurangabad to address demand of growing Metro Rail networks globally.
- In November 2023, the Company had already announced capacity expansions of the Power Transformers factory in Kalwa and Vacuum Interrupter factory in Goa.
Expansion of Smart Infrastructure Operations, Goa:
- Siemens Limited’s Smart Infrastructure Business is expanding its factory footprint in Goa in order to meet the rapidly increasing need for critical components of the industry, infrastructure and power distribution sectors. The total investment will be Rs. 333 crore and this will be the largest investment by Siemens in Goa.
- The factory will bring to market state-of-the-art Gas Insulated Switchgear and Clean Air GIS (Blue GIS) technologies. These products will help customers in sectors such as data centres, metro rail, oil & gas, steel, transmission & distribution to meet their sustainability goals.
Metro train manufacturing facility, Aurangabad:
- Sustainable transportation is the key enabler for sustainable cities. To address the demand of growing Metro Rail networks globally, Mobility Business is investing Rs. 186 crore to build a state-of-the-art Metro train manufacturing facility at Aurangabad. This is in addition to the existing bogie manufacturing facility at the same location.
- This facility will be equipped with the latest technologies, locally procured components and skilled technical workforce, and can adapt to changing customer requirements. Going forward, the facility will play a key role as an export hub for Metro Turnkey projects.
- Both factories will rank among leading globally benchmarked sustainable factories while also contributing to the Government of India’s Make in India and “Atma Nirbhar” programs through localization.
- The factories are designed as per the LEED Gold standards, are carbon neutral and water positive using various sustainable technologies, which include PV solar, microgrid, EV charging, battery energy storage systems (BESS) and rainwater harvesting, and will be built with recycled materials and circular construction techniques.
MD & CEO Stated:
Mr. 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.
Source: Siemens – Press Release | Image Credit (representational): Siemens Limited
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