Industry profile: The infrastructure sector is a crucial driver of the Indian economy. The industry is highly responsible for propelling India’s overall development and enjoys intense focus from the Government for initiating policies that would ensure the time-bound creation of world-class infrastructure in the country. Infrastructure includes power, bridges, dams, roads, and urban infrastructure development. In 2016, India jumped 19 places in World Bank’s Logistics Performance Index (LPI) 2016 to rank 35th amongst 160 countries. Government is a significant force in the sector. The union budget allocates large amounts of infrastructure, like Rs 16,000 crore (US$2.47 billion), towards the Sahaj Bijli Har Ghar Yojana (Saubhagya) scheme. The scheme aims to achieve universal household electrification in the country. Rs 4,200 crore (US$ 648.75 billion) to increase the Green Energy Corridor Project’s capacity and other wind and solar power projects.
Company Profile: Siemens India manufactures steam turbines, turbo compressors, high-voltage switchgear (circuit breakers, disconnectors, and gas-insulated switchgear), switchboards, remote monitoring systems (RMS), fire detectors and suppression systems, motors and generators, relays, and Smart Grid systems, transformers, and advanced medical imaging equipment. It is a leader in technology solutions for intelligent (bright), sustainable cities, smart grids, building technologies, mobility, and power distribution. The factories replicate global, best-in-class manufacturing systems and practices. It also has a facility to overhaul and repair gas turbines, compressor blades and rotors, Energy Management, Power and Gas, Smart Cities, Intelligent Infrastructure, Industrial Applications, Healthcare, and Smart Financing.
Shareholding pattern: BSE Data
financials and ratios : [table id=129 /]
Future prospectus: as digital technology is the future, and Siemens is also preparing for it, the company launched four digital innovation centers in India. The parent is planning to make India one of the top 5 markets. The company is also trying to invest in Stressed Assets in India through NPA. So short, the company is investing in long-term growth in India.
