Press Release11 March 2020Siemens AGMumbai
Siemens Limited focuses on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed
energy systems, and automation and digitalization in the process and manufacturing industries. It is also a leading supplier of
smart mobility solutions for rail and road transport and infrastructure solutions for Smart Cities. Siemens Limited, in which Siemens
AG holds 75% of the capital, is the flagship listed company of Siemens AG in India. As of September 30, 2019, Siemens Limited
had Revenue of INR 13,323 crore and 9,437 employees. Further information is available on the Internet at www.siemens.co.in.
Forward-looking statements: “This document contains forward-looking statements based on beliefs of Siemens' management.
The words 'anticipate', ‘believe’, ‘estimate’, ‘forecast’, ‘expect’, ‘intend’, ‘plan’, ‘should’, and ‘project’ are used to identify forward
looking statements. Such statements reflect the company's current views with respect to the future events and are subject to risks
and uncertainties. Many factors could cause the actual result to be materially different, including, amongst others, changes in the
general economic and business conditions, changes in currency exchange rates and interest rates, introduction of competing
products, lack of acceptance of new products or services, and changes in business strategy. Actual results may vary materially
from those projected here. Siemens does not intend to assume any obligation to update these forward-looking statements.”