Govt has done what it could to drive demand: Siemens

As India pushes to transform its manufacturing and infrastructure landscape, Siemens Ltd is betting billions on electrification, automation and digitalization to become a backbone of the country's industrial future.

- Subhash Narayan

Govt-led capex is a growth driver for Siemens.

(BLOOMBERG)

"The demerger has allowed us to sharpen focus on our core businesses and drive shareholder value," said Sunil Mathur, managing director and chief executive officer of Siemens, in an exclusive interview with Mint. "Each business is now moving independently and on track."

Government-led capital expenditure remains a major growth driver for Siemens, with the company expecting private investment to follow as recent as income tax measures announced in the budget and GST reforms begin to stimulate consumption.