Indian corporations are increasingly prioritizing sustainability due to demands for energy efficiency, export requirements, consumer preference for greener products, and legislative changes. Siemens has responded by investing over $1 billion in India over the past 6-7 years to acquire businesses, develop new products, and upgrade existing plants.

Siemens is banking on India’s economic boom and its rapid advancement in digitalization and sustainability to drive growth. The heightened demand for clean technology and clean transportation has led to significant government and private sector investment, presenting Siemens with the chance to innovate and expand.

In recent years, Siemens has restructured its portfolio globally, divesting several non-core businesses to focus on technology. It sold its electric commercial vehicle powertrain unit, postal and parcel company, and high-voltage grid components firm Trench. Additionally, Siemens spun off its gas and power businesses into a new publicly traded company, Siemens Energy.

The company's stock has surged over 66 percent in the past year, delivering a multibagger return of nearly 445 percent over five years. With continued investments and strategic portfolio adjustments, Siemens is poised for significant growth and leadership in the sustainability sector.

Source: tradebrains.in