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

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CNBC TV18•20-01-2026, 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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