Siemens very bullish on India, says global CEO Roland Busch

ETtech.com— German engineers major Siemens is 'very bullish' on India given its fast-growing economy and 'huge potential', its global CEO Roland Busch said on Monday.“We strongly believe that India is really taking off,” Busch said. “The last years have shown that the growth rates are amazing. You’re attracting more and more high-quality products, more complex products are manufactured in India.”Busch added that the Indian government is ‘doing the right things’ and improving infrastructure in areas like...

ETtech.com—India bridging infra gaps to be a global manufacturing hub: Siemens executives. India is addressing infrastructure bottlenecks hindering its manufacturing growth and the country is well-placed to become one of the top manufacturing hubs in the world, said two senior executives at German manufacturing giant Siemens AG.“It (India) has always been important, but it's on the brink of being an absolute major player and we will do everything we can to support India's growth and success,” Cedrik Neike, member of managing board of Siemens AG and CEO, Digital Industries told ET.He...

Capital Market—Global demand and movements in India's real effective exchange rate emerge as key determinants of India's services .... Reserve Bank of India (RBI) has stated in a latest monthly update that an analysis of the long-term trend and cyclical components of India's...

CNBC—Tesla’s entry into India’s EV market will be 'good news’ for the country, says MG Motor India. India's EV sector still lacks competition, but entry from international automakers like Tesla will level the playing field, MG Motor India's CEO Emeritus.