Categorized | Uncategorized

Siemens drops Bangalore from expansion plan

(Pic: Head honcho Schubert at Bangalore)

Bangalore: Siemens Ltd. has decided to freeze all expansion plans in Bangalore in the wake of crumbling infrastructure in the city.

“There will be no more expansion plans in Bangalore. Bangalore is not attractive for investors anymore”, company’s Managing Director Jurgen Schubert said here on Friday.

This is the strongest vindication of the worsening infrastructure in the city from the head of a global manufacturing giant. Siemens was one of the first to set up operations in Bangalore with huge investments.

Apart from the manufacturing base for automotive sector and servicing workshop for industrial turbines, Bangalore is a hub for telecom, medical and automotive software development and high-end research and development work for Siemens. Its outsourcing arm alone employs about 900 people in Bangalore.

Bangalore accounts for one-third (around 4600 employees) of the company’s employee strength of over 12,000 in India and contributed 24 per cent of the turnover in India last fiscal, whereas the southern region has 45 per cent (about 5,500 employees) of the employee strength.

Mr. Schubert told The Hindu that Siemens will look at cities such as Chennai, Hyderabad, Delhi, Pune, Mumbai and even Kolkata to expand its business activities. “Bangalore is in a mess. The road and power infrastructure is chaotic. Besides, you can’t get hotel rooms here,” he said. Efficiency and productivity will be hit if employees spend more time on the road, travelling to work, he said.

“If you have running operations, workers will have to come on time. But what is happening in Bangalore is that employees are spending more and more time on the road. If workers reach office tired after spending long hours on the road, efficiency will come down,” he said. Siemens has decided to shift its working hours in Bangalore to 7.30 a.m. from 8.45 a.m..

    26 Responses to “Siemens drops Bangalore from expansion plan”

    1. Ciera Homola says:

      I like that I don’t have to pay for a subscription like wow

    2. Nice blog mate, hope you’re getting ready for the coming crash! The hammer is going to drop soon. The economy is going to sink before August 2013 (this is when the Federal Reserve’s 100 Year Charter expires). Spread the word and stay safe. Peace.

    3. Betsey Doe says:

      Can I simply say what a reduction to find someone who really is aware of what theyre speaking about on the internet. You positively know how to convey a problem to mild and make it important. More folks have to read this and understand this facet of the story. I cant imagine youre no more standard because you positively have the gift.

    4. Hey please do the morally right thing and use your site to spread the truth about 9/11

    5. tinnitus ear says:

      This could occur in the act of evaluating the individual.

    6. Tandy Hegg says:

      The Bank of Japan wrapped up a two-day policy meeting by increasing its asset-purchasing fund to 55 trillion yen

    7. Below are a few essential details on tinnitus, which may be of help if you think you suffer with it or understand someone who does.

    8. I really enjoy studying on this web site , it holds good posts . “Wealth and children are the adornment of life.” by Koran.

    9. Merely a new smiling guest here to share with you the adore (#(#(:, btw wonderful pattern.

    10. I’m not sure why but this weblog is loading extremely slow for me. Is anyone else having this issue or is it a problem on my end? I’ll check back later and see if the problem still exists.

    11. Hey there! I realize this is somewhat off-topic but I had to ask. Does managing a well-established blog like yours require a large amount of work? I’m completely new to blogging however I do write in my journal everyday. I’d like to start a blog so I can easily share my personal experience and feelings online. Please let me know if you have any suggestions or tips for new aspiring blog owners. Appreciate it!

    12. Amazing blog! Is your theme custom made or did you download it from somewhere? A design like yours with a few simple tweeks would really make my blog stand out. Please let me know where you got your design. Thanks a lot

    13. I went over this web site and I think you have a lot of good information, saved to fav (:.

    14. payday loans says:

      Hi there! Do you use Twitter? I’d like to follow you if that would be ok. I’m undoubtedly enjoying your blog and look forward to new updates.

    15. zlewozmywak says:

      Wow, Thank you with this blog. Thats all I can say. You most surely have made this site into one thing thats vision opening and important. You obviously know much about individual, youve covered so many bases. Great stuff out of this the main internet. Again, thank you with this blog.

    16. I’m really enjoying the design and layout of your blog. It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a developer to create your theme? Outstanding work!

    17. I genuinely enjoy reading through on this web site, it contains wonderful content.

    18. Zune and iPod: Most people compare the Zune to the Touch, but after seeing how slim and surprisingly small and light it is, I consider it to be a rather unique hybrid that combines qualities of both the Touch and the Nano. It’s very colorful and lovely OLED screen is slightly smaller than the touch screen, but the player itself feels quite a bit smaller and lighter. It weighs about 2/3 as much, and is noticeably smaller in width and height, while being just a hair thicker.

    19. Thankyou for helping out, wonderful info .

    20. Very clear web site, appreciate it for this post.

    21. I’m writing to make you know what a wonderful discovery our child experienced reading through the blog. She realized plenty of pieces, including what it is like to possess an awesome coaching heart to have many others with no trouble gain knowledge of specific complicated issues. You actually surpassed my desires. Many thanks for distributing these effective, dependable, edifying and in addition easy tips on the topic to Mary.

    22. I am impressed with this site, rattling I am a fan.

    23. It’s hard to locate knowledgeable people on this subject, but you sound like you know what you are talking about! Thanks

    Trackbacks/Pingbacks

    1. mangafox says:

      mangafox…

      mangafox,mangahere,mangakong,manga2u,Read your favorite manga online! Hundreds of high-quality free manga for you, with a list being updated daily. Naruto manga, Bleach manga, One Piece manga, Air Gear manga, Claymore manga, Fairy Tail manga, Inuyasha …


    Leave a Reply

    You must be logged in to post a comment.