
Siemens bags ₹773-crore orders for Nagpur Metro Phase 2, Infra News, ET Infra
By ,
ETInfra
Siemens Limited has secured two separate orders worth approximately ₹773 crore from Maharashtra Metro Rail Corporation Limited (MAHA-METRO) for the design, manufacturing, supply, installation, and commissioning of advanced signalling and telecommunication technologies for the Nagpur Metro Rail Project's Phase 2, including the augmentation of Phase 1.The scope of the project includes implementing Communication-Based Train Control (CBTC) signalling technology and advanced telecommunication systems across a 43.8-kilometre network, covering 32 stations. The execution timeline is set at 42 months, or 3 years and 5 months.The deployment of Siemens' metro rail technologies is aimed at enhancing train frequency, improving passenger experience, and maintaining the highest safety standards.According to the company, the systems will enable 100 per cent punctuality, energy savings, and optimised headways, thereby ensuring efficient and safe operations across the metro network.Rajeev Joisar, Head of Mobility Business, Siemens Limited, said, 'The project will contribute significantly to the sustainable urban development of Nagpur. It further demonstrates Siemens' ability to deliver end-to-end mobility technologies that integrate automation, digitalisation, and sustainability for India's urban future.'
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mint
12 hours ago
- Mint
Companies pledge to invest over $700 billion in Germany over the next 3 years
BERLIN (AP) — A group of dozens of companies pledged Monday to invest at least 631 billion euros ($733 billion) in Germany over the next three years, sending a signal of confidence in Europe's biggest economy as the new government tries to breathe new life into it. The economy has shrunk for the past two years and is expected to stagnate this year. Chancellor Friedrich Merz's administration has made revitalizing it a top priority since it took office May 6. It has launched a program to encourage investment and set up a 500 billion euro fund to pour money into Germany's creaking infrastructure over the next 12 years. It is promising to cut red tape and speed up the country's lagging digitization. On Monday, Merz welcomed representatives of an initiative titled 'Made for Germany' to the chancellery to send a signal of confidence from and to private investors. The group currently includes 61 companies from across the economy, among them industrial conglomerate Siemens and financial giant Deutsche Bank. 'The investments by the initiative are a very powerful signal that we are now experiencing a shift in sentiment and consolidating it," Merz said. 'The message ... is very clear: Germany is back. It's worth investing in Germany again. We are not a location of the past, but a location of the present and above all the future.' He stressed that private investment is crucial to encouraging growth. The overall figure pledged Monday includes at least some already planned investments. Merz said the plans include investments in new facilities and in modernizing infrastructure, in research and development. Deutsche Bank CEO Christian Sewing praised the new government as being 'determined to end the reform backlog that has slowed us down for too long.' But he said that it still needs to do more, and the companies 'encouraged' the government 'to continue the course of reform.'


Indian Express
4 days ago
- Indian Express
US eases restrictions on China: Will this hurt India's semiconductor ambitions?
The recent US decision to ease export restrictions on Electronic Design Automation (EDA) software to China represents a significant shift in the global semiconductor landscape. While this development may appear to benefit Chinese chip manufacturers, the implications for India's semiconductor ambitions are far more complex and potentially transformative. In May 2025, the Trump administration initially imposed stringent controls on EDA software exports to China, requiring licences for the sale of critical chip design tools from companies like Cadence, Synopsys and Siemens. However, just weeks later, the US government reversed course, lifting these export restrictions as part of a broader bilateral agreement. This reversal, negotiated during talks in London in June 2025, saw the US agree to lift export restrictions on chip design software in exchange for China's commitment to approve exports of rare earth elements to the US. For India, this development arrives at a crucial juncture in its semiconductor journey. The country has been aggressively pursuing semiconductor self-reliance through its India Semiconductor Mission, which offers up to 50 per cent fiscal support for approved semiconductor fabrication projects. The government's Design-linked Incentive (DLI) scheme provides matching investment support to accelerate the development of India's semiconductor design ecosystem. With Prime Minister Modi recently launching three semiconductor plants valued at over $15 billion, India is clearly positioning itself as a major player in global semiconductor manufacturing. On one hand, it removes a temporary competitive advantage that Indian semiconductor companies might have enjoyed while Chinese firms faced technology access limitations. Chinese companies can now resume full access to cutting-edge EDA tools, potentially accelerating their chip design capabilities and market competitiveness. This could intensify competition in global semiconductor markets where Indian companies are seeking to establish themselves. However, the broader implications may actually favour India's long-term semiconductor strategy. The rapid reversal of export restrictions demonstrates the volatile nature of technology trade policies and the risks of over-dependence on any single market or technology provider. This uncertainty is likely to drive multinational semiconductor companies to diversify their operations and supply chains more aggressively, creating opportunities for India as a stable, democratic alternative. Indian semiconductor entities are already showing promising signs of growth in this environment. The country's semiconductor market, valued at $35.18 billion in 2023, is expected to grow at a remarkable 27.2 per cent CAGR through 2030. Tata Electronics has signed strategic partnerships with Tokyo Electron for equipment and services, focusing on workforce training and R&D enhancement. These developments demonstrate India's commitment to building a comprehensive semiconductor ecosystem that extends beyond mere manufacturing to include design capabilities. The EDA restrictions episode also highlights the critical importance of developing indigenous capabilities. While the immediate restrictions have been lifted, the fact that they were imposed at all underscores the vulnerability of any country dependent on foreign technology tools. India's semiconductor ambitions must include developing domestic EDA tools and capabilities to ensure long-term strategic autonomy. The country should view this as an opportunity to accelerate investments in indigenous semiconductor design software and tools. The geopolitical dynamics surrounding semiconductor technology also present India with unique advantages. As tensions between the US and China continue to shape global technology trade, India's position as a trusted partner for democratic nations becomes increasingly valuable. The country's participation in initiatives like the Quad's semiconductor partnership and its growing ties with Taiwan, South Korea, and Japan position it well to benefit from the ongoing realignment in global semiconductor supply chains. For Indian semiconductor companies, the current environment offers several strategic opportunities. First, the uncertainty around US-China technology trade is likely to drive demand for supply chain diversification, potentially benefiting Indian firms. Second, multinational corporations seeking to reduce their dependence on Chinese suppliers may be more willing to invest in Indian capabilities and partnerships. Third, the focus on supply chain resilience may lead to premium pricing for trusted alternatives, potentially improving margins for Indian companies. The Indian government's response to these developments will be crucial. Beyond the existing financial incentives, India needs to invest heavily in semiconductor education, research infrastructure, and indigenous technology development. The country should also consider establishing its own EDA development programmes, possibly through public-private partnerships or in collaboration with allied nations. The recent policy volatility should serve as a catalyst for India to accelerate its domestic semiconductor capabilities. Looking ahead, the semiconductor industry's future will likely be characterised by continued geopolitical tensions and policy volatility. The rapid reversal of EDA restrictions suggests that technology trade policies may become increasingly transactional and subject to broader diplomatic negotiations. For India, this environment of uncertainty creates opportunities to position itself as a stable, reliable partner for global semiconductor companies seeking to diversify their operations. The challenge for India is to leverage this opportunity while building sufficient indigenous capabilities to avoid dependence on any single country or technology provider. Success will require sustained government support, strategic international partnerships, and a commitment to developing comprehensive domestic semiconductor capabilities across the entire value chain. The recent EDA restrictions episode may ultimately prove to be a catalyst for India's semiconductor ambitions, highlighting both the opportunities and risks in the current global technology landscape. With the right policies and investments, India can emerge as a major beneficiary of the ongoing restructuring of global semiconductor supply chains, transforming from a chip importer to a trusted global semiconductor partner. The writer, a defence and cyber security analyst, is former country head of General Dynamics


Time of India
7 days ago
- Time of India
Germany's two biggest technology companies are unhappy with EU's AI regulations; call it 'Toxic' for ...
Two of the biggest technology companies in Germany has raised alarm over the European Union's AI regulations. Top executives of Siemens and SAP have slammed EU's AI Act, blaming it for Europe lagging behind. The CEOs of Siemens and SAP have called on the European Union (EU) to overhaul its artificial intelligence regulations, arguing that the current framework is stifling technological innovation, according to an interview with the Frankfurter Allgemeine Zeitung. EU' AI Act governs how companies handle consumer and corporate data. Siemens CEO Roland Busch and SAP CEO Christian Klein slammed the EU's AI Act, which became law last year to ensure that AI systems are safe, transparent, and respect fundamental rights. The legislation categorizes AI applications by risk, imposing specific security and transparency requirements on providers. However, Busch argued that the Act is a significant factor in Europe's lag in AI development, compounded by overlapping and contradictory regulations. "The EU's regulatory approach is holding back progress," Busch told the newspaper. He also described the EU's Data Act as "toxic" for digital business models. Siemens and SAP mum on American companies letter to EU by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Most Successful Way of Intraday Trading is "Market Profile" TradeWise Learn More Undo While companies like Google and Meta recently urged Brussels to delay the AI rules in a letter, Busch declined to support their letter, stating it did not address the core issues. Klein, meanwhile, cautioned against merely replicating U.S. strategies focused on heavy infrastructure investments. "Infrastructure shortages are not the main barrier in Europe," Klein said. "The real issue is unlocking the potential of our data. "Busch echoed this sentiment, noting, "We are sitting on a treasure trove of data in Europe, but we are not yet able to tap into it. It's not access to computing capacity that we're lacking, but the release of resources." Both CEOs urged the EU to reform data regulations before prioritizing investments in data centers, emphasizing the need for a regulatory framework that fosters rather than hinders technological advancement. AI Masterclass for Students. Upskill Young Ones Today!– Join Now