Siemens (SL), the 55% Indian subsidiary of Siemens AG, Germany is a leader in the electrical and electronic engineering sector. It offers products, systems, solutions and services in power generation, power transmission & distribution, automation & drives, industrial solutions & services, transportation systems, enterprise communications, mobile phones and medical solutions. Siemens AG holds a 54.6% stake in SL. The company was established in 1957. The company has a wide presence across the country; its operations include 15 manufacturing plants and 16 sales offices. Siemens`s Worli plant makes medical equipment. The 3 Kalwe units make motors, switchgear, and switchboards. Nashik unit makes industrial automation products, controllers, PLCs and UPS. Joka works makes control boards and switchboards. Aurangabad makes switchgear and photovoltaic modules. Goa makes medical equipment. SL derives 33% of its revenues from the automation and drives division, followed by 24% from the power division, 18% each from SISL and healthcare/other services divisions. During fiscal 2005, it acquired Siemens VDO Automotive, Demag Delaval Industrial Turbo machinery and 51% interest in Pimac Engineers and Services. Siemens has a vast global network of 461,000 people, operating in over 190 countries. In India, SL mirrors the portfolio of Siemens AG, except that Siemens VDO Automotive, and Siemens Public Communication Networks operate as separate companies. Siemens Information Systems (SISL), another group company, is now a 100% subsidiary of SL, and Siemens Building Technologies (SBT) has already been merged into Siemens.
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