Siemens eyes double-digit growth from infrastructure and city-focused business

29 Feb 2012 Evaluate

Siemens, an electrical equipment maker, is eyeing double-digit growth in revenues from infrastructure and city-focused business in light of the exponential growth of urban centre’s and the resultant demand for infrastructure. At present, of the total business volume of around Rs 12,000 crore of the company, nearly Rs 3,000 crore is contributed by its infrastructure and cities division.

The infrastructure and cities sectors offer integrated mobility solutions, building and security technologies, power distribution, smart grid applications, low and medium-voltage products. The sector comprises rail systems, mobility and logistics, low and medium voltage, smart grid, building technologies, etc.

Recently, the company commenced operations at two Greenfield factories in Goa, with an investment of Rs 200 crore. The state-of-the-art factory units will have their own in-house research and development units and will manufacture a range of low and medium voltage energy automation products for power distribution of industries, utilities, power plants, infrastructure and cities.

The products will include medium voltage gas-insulated switchgears, primary distribution switchgears, locally-developed products like ring main units (RMU) and compact substations (CSS) for power distribution, numerical protection relays, telecontrol devices for smart grids, electromechanical auxiliary and trip relays.

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