Siemens AG, German multinational technology conglomerate plans to make India hub for mass transit solutions, company executives said today.
“The $3 billion large order (from Indian Railways) that we won, will for sure accelerate component and locomotive manufacturing here,” said Peter Koerte, Chief Technology Officer and Strategy Officer, Siemens AG, adding that Siemens also has a site where it develops a lot of infrastructure solutions and wants to use India as a hub for mass transit solutions which is a huge opportunity.
