
Nearly two centuries ago, a30-year-old inventor named Werner von Siemens set up shop in an inner courtyard behind a building on Berlin’s Sch6neberger Strasse. His first idea was anew design for the pointer telegraph. The company he set up has gone on to become a multibillion-dollar engineering conglomerate by the name of Siemens AG that recently celebrated 175 years at Berlin’s Siemensstadt Square, which is touted to be the German capital's district of the future. While Siemens now focusses on industry, infrastructure, transport and healthcare, according to Matthias Rebellius—CEO of Smart Infrastructure and Member of the Managing Board at Siemens AG—itis a technology company. In an interaction with Business Today's Tech Editor Aayush Ailawadiin Berlin, 57-year-old Rebellius talks about India’s smart cities project, EVs, the company’s plans in India and why the country is important for Siemens. Edited excerpts:
Q: It’s interesting that you refer to Siemens as atechnology company, because we tend to associate Siemens with hardware and engineering...
A: First of all, we have always been a technology company. I think, the term technology company’ has changed over time. And we have no reason to shy away from calling ourselves a technology company’. We are amongst the top 10 software companies in the world]. We have huge competence in areas that are important for the world. And therefore, I think we are one of the most important technology companies now]. We are perhaps not a software company or an internet company, but one of the most relevant technology companies in the world].
Q: What is your focus in India, given that the country is witnessing an infrastructure boom?
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In

REACHING FOR THE COUNTERS
DESPITE HEALTH CONCERNS, THE INCREASING POPULARITY OF OTC DRUGS HAS LED TO PHARMA MAJORS SEIZING THE CHANCE TO DIVERSIFY THEIR REVENUE STREAMS. THE RISING POPULARITY OF SKINCARE AND PERSONAL HEALTH HAS LED TO EASY ACCESS OF SEVERAL DERMATOLOGICAL PRODUCTS. FROM D2C BRANDS TO ESTABLISHED PLAYERS, PHARMA COMPANIES ARE LOOKING TO BITE INTO THE PIE

the art of time
THE SIXTH EDITION OF THE LVMH WATCH WEEK WAS HELD IN NEW YORK AND PARIS RECENTLY. WE LOOK AT SOME OF THE LATEST CREATIONS SHOWCASED

Celestial Disruption
ASTROLOGY, OR THE STUDY OF THE FUTURE FORETOLD BY CELESTIAL BODIES, IS EXPERIENCING A COSMIC TRANSFORMATION, FUELLED BY DIGITAL DISRUPTION, ARTIFICIAL INTELLIGENCE, AND A $7-BILLION FAITH MARKET

"MANUFACTURING HAS MOVED TO THE FOREFRONT"
Rahul Jain, BCG India Head, on the future of manufacturing, how India can capitalise on global trends and more

"Reignite the spirit of ownership"
Mankind Pharma is an Indian multinational pharmaceutical and healthcare product company

TRICITY TRIUMPHS
CHANDIGARH, MOHALI & PANCHKULA DELIVERED SOME OF THE LONGEST DRIVES THIS SEASON

"AIM TO TRIPLE PROFITS TO ₹2,500 CRORE BY FY28”
Anand Roy, MD and CEO of Star Health Insurance, on the future of the company, challenges in the health insurance sector, and more

WHITHER THE RUPEE?
THE RUPEE HAS DECLINED SHARPLY ALONG WITH OTHER CURRENCIES AS THE DOLLAR HAS STRENGTHENED AFTER DONALD TRUMP TOOK OFFICE AS THE PRESIDENT OF THE US. WILL THE RUPEE CONTINUE TO DEPRECIATE AND WHAT WILL THE IMPACT BE ON INDIA'S ECONOMY?

"Some of our states have to introspect and get their act together"
Finance Minister Nirmala Sitharaman on the measures announced in the recent Budget, India's growth prospects, global uncertainty and more

ZOMATO REBRANDED: More Than Just Delivery
With Blinkit growing rapidly, renaming Zomato to Eternal drives home the multifaceted nature of business