Date:29/08/2008 URL: http://www.thehindu.com/2008/08/29/stories/2008082956481600.htm

Business - Briefly

Siemens’ Aurangabad transformer unit on stream

MUMBAI: Siemens on Thursday inaugurated its greenfield high voltage instrument transformer factory at Waluj, Aurangabad. This facility is the ninth factory of Siemens in Maharashtra. Set up with an investment of Rs. 25 crore, the new facility will provide direct employment to about 100 people and indirect employment to about 300 people, says a release.