Siemens signs LoU with Maharashtra government

The Government of Maharashtra and Siemens recently signed a letter of
understanding (LoU) to support company's expansion plans in the state. VK
Jairath, Principal Secretary-Industries, Government of Maharashtra and Dr Armin
Bruck, MD, Siemens with VV Paranjape, Director, Siemens, signed the LoU.

Siemens intends to develop additional manufacturing centers in Maharashtra.
These will be for manufacturing equipments in the areas of power generation and
railway transportation. During the discussion with the management of Siemens,
the Government of Maharashtra committed to extend full support to Siemens to
help the company expand its operations in the state.

Besides expansion plans in the areas of power generation and railway
transportation, Siemens is also setting up an R&D center at Kalwa, near Mumbai
with 1,000 people capacity and an additional software center in the state.