ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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EPW Research Foundation SIEMENS, in which Siemens AG of Germany has a 5! per cent stake, crossed the Rs 500-crore mark in net sales during 1992-93 with 40 per cent and 53 per cent jumps in gross profit and post-tax profit, respectively. Exports grew by 20.4 per cent with increase in sales of medium and low voltage switchboards, switchgear and medical equipment to south-east Asian countries, among others. The Siemens group as a whole in India

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