Siemens Limited
Siemens AG is a German multinational conglomerate corporation headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices in abroad. It was established in 1847 by Werner von Siemens.
The principal division of the corporation are Industry, Energy, Healthcare, infrastructure & Cities, which represent the main activities of the corporation. The corporation is a prominent maker of medical diagnostics equipment and its medical health-care division, which generates about 12 percent of the corporation’s total sales, it is the second-most profitable unit, after the industrial automation division. Company is constantly innovating their portfolio in core areas: rolling stock, rail automation and electrification, intelligent traffic systems, related services, and turnkey projects to shape the future of mobility.
Siemens main focus area for Corporate Social Responsibility are: Education, Social, Environment. The company support the development and strengthening of social structures to bring about systematic and lasting improvement in people’s living conditions by providing access to water, healthcare, energy, livelihood, education and environment.
Siemens focuses on four core challenges for a sustainable energy system: security of supply, affordability, climate protection, and resource efficiency. With a growing and constantly changing range of power generation methods, as well as new developments in power distribution, storage and consumption, the energy landscape is becoming more and more complex.
Covid-19 Response
The Siemens Group of Companies in India would like to contribute to fight COVID-19 by providing critical medical care equipment such as Ventilators & Analyzers to several healthcare facilities across India. 40,000 PCR test kits to be delivered to Indian Council of Medical Research. Set up a test lab at the National Cancer Institute in Jhajjar, Haryana, which converted 800 bed hospital into a Covid-19 critical care centre. Support to migrant and temporary workers.
Siemens Project and Service engineers across all Group Companies are working round the clock to ensure that essential equipment in hospitals, diagnostic laboratories, power plants, transmission & distribution systems, critical metro & rail equipment systems, and manufacturing facilities of essential goods are kept functioning and operational.
Their shareholding pattern consists of Promoters and Promoter Group having 75% of shares, Public having 10.05% shares, Government having % following by FII’s having 4.60% shares and DII’s with 10.35% shares.