'When it comes to energy distribution, we are India's backbone'
Business Today India|December 25, 2022
Matthias Rebellius, CEO of Smart Infrastructure and Member of the Managing Board at Siemens AG, explains why India is important for the conglomerate and the role Siemens plays in the country
'When it comes to energy distribution, we are India's backbone'

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?

Bu hikaye Business Today India dergisinin December 25, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Business Today India dergisinin December 25, 2022 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

BUSINESS TODAY INDIA DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Pension Scheme - Safety Net
Business Today India

Pension Scheme - Safety Net

The move to introduce the UPS has evoked mixed reactions. Analysts believe its funding will have limited impact on the fiscal math

time-read
4 dak  |
September 29, 2024
The Reit Choice?
Business Today India

The Reit Choice?

Real Estate Investment Trusts (Reits) Are Gaining Traction As Interest Rates Stabilise. But Returns Could Be Affected By Adverse Economic Conditions And Market Volatility

time-read
7 dak  |
September 29, 2024
CORPORATE - Calling to Account
Business Today India

CORPORATE - Calling to Account

The sudden exit of Byju's auditor BDO marks the latest in a long series of setbacks for the edtech firm

time-read
1 min  |
September 29, 2024
EMPLOYMENT: Skills Push
Business Today India

EMPLOYMENT: Skills Push

The skill development ministry plans to partner with the UGC to improve the employability of undergraduates

time-read
1 min  |
September 29, 2024
Building on a Vision
Business Today India

Building on a Vision

L&T'S CHAIRMAN EMERITUS A. M. NAIK HAS BUILT A MAMMOTH ENTERPRISE THAT IS BUILDING A NEW INDIA, FROM ITS METRO RAIL SYSTEMS TO THE RAM TEMPLE

time-read
2 dak  |
September 29, 2024
"KYS more important than KYC"
Business Today India

"KYS more important than KYC"

Vijay Kedia is a renowned equity investor; the value of his listed portfolio stands at around ₹1,750 crore

time-read
1 min  |
September 29, 2024
ROXX STAR
Business Today India

ROXX STAR

THE THAR ROXX COMBINES LUXURY WITH PERFORMANCE TO MAKE A STRONG STATEMENT IN THE MID-SIZE SUV SEGMENT

time-read
2 dak  |
September 29, 2024
HIT THE GROUND RUNNING
Business Today India

HIT THE GROUND RUNNING

Smartwatches have become indispensable tools for runners, offering real-time insights into pace, distance, heart rate, and more. Here are a few you can consider

time-read
2 dak  |
September 29, 2024
TURNING THE TABLES
Business Today India

TURNING THE TABLES

INDIA'S FURNITURE MARKET IS POISED FOR A GLOBAL TAKE-OFF. ALREADY, A HOST OF GLOBAL BRANDS HAVE MADE THE COUNTRY THEIR HOME, BUT INDIAN COMPANIES ARE NOT TOO FAR BEHIND

time-read
7 dak  |
September 29, 2024
THE EVOLUTION OF ATHERA
Business Today India

THE EVOLUTION OF ATHERA

IDENTIFYING OPPORTUNITIES IN ADVANCE HAS STOOD THIS BENGALURU-BASED VC FUND IN GOOD STEAD. NOW, WITH A HEIGHTENED FOCUS ON TECHNOLOGY, IT WANTS TO SUSTAIN THE SUCCESS

time-read
7 dak  |
September 29, 2024