With steel production increasing in
In its fourth media summit on metals and mining technologies in
Werner Auer, CEO, Siemens VAI, said, “In
Siemens believes that as
Auer said, “Since the economic crisis the competition in the plant engineering has intensified significantly. Chinese and Indian companies are bringing their own plants to the market successfully and even more frequently.”
According to Siemens, Indian companies are able to offer steel plants at 40% lesser than its European counterparts. To cut the competition, Siemens wants to project itself as a local company and wants to focus on local requirements with standard solutions.
Under its strategy to localise itself, Siemens will give the responsibility to develop, design, engineer to order, production, project handling, commissioning and service of total of 11 plant components of the steel industry, to
He said countries in Europe, the
Auer said almost half of the company’s €21 billion investments are already being used in such low-cost plants.
Siemens sees growth in the Indian market coming from upstream products such as billet caster, ladle furnace, vacuum degassing, blast furnace and sinter plant, all critical in steel manufacturing.
Friday, May 14, 2010
Siemens plans global hubs in India, China
Industry Research Reports
LIC Term Insurance or Pvt Life Insurance Term Plan ? Which is the best term insurance in India ? Which Insurance company has the best cla...
આજકાલ કોઈપણ સમસ્યા હોય લોકો એન્ટિબાયોટિક્સ અંગ્રેજી દવાઓ લેવાનું વધુ પસંદ કરતાં હોય છે કારણ કે આજની પેઢીને આપણા જુનવાણી નુસખા વિશે જાણ હોત...
http://www.livemint.com/2007/12/13162756/SBI-UTI-MFs-to-manage-post-of.html New Delhi: Government has appointed PSU mutual funds UTI MF a...
સુરતી લોચો બનાવવાની રીત Surati Locho - સુરતી લોચો લોચો એ ગુજરાતની સૌથી સ્વાદિષ્ટ ચટપટી ખાવાની ચીજો પૈકીની એક ચીજ છે. લોચો બનાવવાની ...
i-Develop Multibagger Stock Performance last year Enter Date Exit Date Bse Code Scri...
NTPC and RIL are fighting a case in the Bombay High Court over gas pricing for the former's Kawas and Gandar power plants....
Global private equity giant The Blackstone Group has announced that it has bought a majority stake in CMS Computers Ltd. Black...
નવાઝ શરીફ સાથે મુલાકાત બપોરે પાકિસ્તાનના વડાપ્રધાન નવાઝ શરીફ અને નરેન્દ્ર મોદી વચ્ચે વાતચીત થઈ ગઈ હતી. બંને નેતાએ લગભગ 26 સેકન્ડ સુધી ...