Siemens Eyes India as Key Global Hub by 2026, Citing Infrastructure & Manufacturing Boom
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CNBC TV1820-01-2026, 18:01

Siemens Eyes India as Key Global Hub by 2026, Citing Infrastructure & Manufacturing Boom

  • Cedrik Neike, Siemens Digital Industries CEO, stated India could become one of Siemens' four main global locations by 2026.
  • He highlighted India's robust infrastructure investment and growing manufacturing potential as key drivers.
  • Neike described India as a "zero-one country" where execution, though initially slow, accelerates rapidly once direction is set.
  • Siemens is observing rising consumer demand and local investment in industrialization, leading to competitive manufacturing facilities.
  • The company has not been significantly impacted by tariffs due to localized production strategies like "Make in India."

Why It Matters: Siemens sees India as a crucial future hub by 2026, driven by infrastructure, manufacturing, and local demand.

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