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Siemens bets big on Narendra Modi govt for economic revival

New Delhi: German engineering and electronic major Siemens AG is pinning hopes on the new government led by “strong and experienced” Narendra Modi to revive the economy, clear clogged investment pipelines and expedite decision- making

PTI Updated on: August 14, 2014 17:14 IST
 



Delhi and Mumbai stand to gain up to USD 17.8 billion a year as economic benefit by upgrading their transport networks which may otherwise be unable to cope with the anticipated massive rise in peak hour commuters by 2030, a study commissioned by Siemens said today.

Any Indian urban agglomeration needs an efficient infrastructure and smart city planning that will meet the demands of a growing population as India is booming and the focus needs to shift to sustainable development, Busch added.
 

 

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