Siemens Ltd is expanding workforce (software engineers and scientists) at
its facility in Bangalore from 3,000 to 4,000, this year, Heinrich V. Pierer,
chairman of the supervisory board, Siemens AG, said here yesterday while
delivering the keynote address at Nasscom 2005.
facility takes on work in telecom software, hospital information system
call centre solutions and automotive electronics. "More and more projects
in the medical, telecom, automation, and automotive fields will be handled
here," he said.
to Pierer, "We have earmarked $500 million for India, as announced
earlier." The investment will be made in the in next three or four
years for setting up new factories and expanding its existing capacities
in the country.
added that the company is tying in this investment in new ventures, technologies
and businesses. "These investments are being financed largely by internal
accruals of Siemens India as it is in financially very good shape. But if
necessary, Siemens AG will also chip in with new investment plans."
added that Siemens Information Systems Ltd, a subsidiary, has developed
a biometric device that registers the user''s voice, a digital image of face
and fingerprint on an identity card to ensure virtually foolproof identification
of persons requiring access to a secure area.
spearhead work of this kind, Siemens'' corporate technology department has
opened a research centre in Bangalore, which will serve as the hub for many
key activities in the Asia region, he said.
see enormous growth potential here in the coming years, and an opportunity
for global players like Siemens to tap this outstanding talent," he
said Siemens would be setting up more research and investment (R&D)
centres and it would be adding more software professional in R&D centre
in Bangalore. "India is not only good place for local manufacturing
but also export base," he said
will be adding 70 more professionals in its Bangalore R&D centre. We
are keen on tapping the pool of engineers available in India," he added.
The company, he said wasa planning export
of software solutions, hardware and medium-sized switch gear from India,
even as it is expecting a 10 per cent growth from India.