Sunil Mathur, Managing Director & CEO, Siemens

Infrastructure Energy

Under the guidance of Sunil Mathur, Managing Director & CEO, Siemens, the flagship company of Siemens AG in India acquired around 99.22 per cent of the equity share in electrical equipment manufacturer C&S Electric in India from its promoters for Rs.21 billion. The company closed the acquisition after receiving regulatory approval from the Competition Commission of India (CCI) in August 2020. The acquisition is expected to help Siemens address the competitive infrastructure low-voltage market in India while creating a manufacturing hub to source low-voltage products for export to competitive markets globally. Siemens India focuses on power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalisation in the proc