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German multinational technology conglomerate Siemens AG's Cedric Neike, CEO of Digital Industries and member of the managing board, said India can become one of the four main places for Seimens, with robust infrastructure investment and growing manufacturing potential.
Speaking on the sidelines of the World Economic Forum (WEF) in Davos, Neike told CNBC-TV18 that India is a "zero-one country," where execution can take time but accelerates sharply once the direction is clear.
"For me, it's been a country where India does something, it takes time. But when it does, it does it really," he said.
He added that the country has built good infrastructure over the last decade. "Now India is moving into manufacturing. So, we see there is a lot of interest and larger companies (want) to build very competitive manufacturing facilities."
He said the company is seeing rising consumer demand, and there will be investment to fuel the demand. So, 2026 seems to be a reasonably good year.
On the question of the impact of tariffs on Siemens, he said more and more factories are localised, and investment in industrialisation is happening locally. "We have Make in China, Make in India, Make America Great Again. Thus, we were not impacted much."
On key growth drivers, he said it is actually the economy that is recovering, and geopolitical changes happening around the globe.
The WEF is on between January 19-23, and will bring together nearly 3,000 leaders from over 130 countries, including 400 top political leaders and 850 CEOs.
Speaking on the sidelines of the World Economic Forum (WEF) in Davos, Neike told CNBC-TV18 that India is a "zero-one country," where execution can take time but accelerates sharply once the direction is clear.
"For me, it's been a country where India does something, it takes time. But when it does, it does it really," he said.
He added that the country has built good infrastructure over the last decade. "Now India is moving into manufacturing. So, we see there is a lot of interest and larger companies (want) to build very competitive manufacturing facilities."
He said the company is seeing rising consumer demand, and there will be investment to fuel the demand. So, 2026 seems to be a reasonably good year.
On the question of the impact of tariffs on Siemens, he said more and more factories are localised, and investment in industrialisation is happening locally. "We have Make in China, Make in India, Make America Great Again. Thus, we were not impacted much."
On key growth drivers, he said it is actually the economy that is recovering, and geopolitical changes happening around the globe.
The WEF is on between January 19-23, and will bring together nearly 3,000 leaders from over 130 countries, including 400 top political leaders and 850 CEOs.
