Company overview
- Sector
- Industrial, Machinery & Engineering
- Sub-sector
- Machinery
- Mandate (derived)
- Technology & Engineering
- Parent headquarters
- Munich, Bavaria, Germany
- Parent revenue (USD)
- $92,800,000,000
- Parent headcount
- 82,971
- India headcount
- 2,000+
GCC locations
- Bengaluru
- Pune
GCC notes
Industrial automation, smart factory and IoT platform engineering
Department mix
Global department counts, used as a proxy for the India mandate. These are not India team counts.
Technology stack
- .GIS
- .NET
- 24-7 Media
- 3M 360 Encompass - Health Analytics Suite
- A Small Orange
- ABAP
- ABB Robotics
- AC500 PLC
- ACL
- ADP
- ADP Applicant Tracking System
- AI
- ALEX
- AMD SEV
- AMP
Public leadership
Praveen Deshmukh
Vice President Human Resources
Public leadership listed in the dataset; the role is not necessarily the India GCC head.
Key roles
Industrial Software Engineers; Embedded Engineers; Digital Twin Engineers; Data Scientists; Product Managers
Research overview
Siemens AG is a German industrial technology conglomerate headquartered in Munich, operating through Digital Industries, Smart Infrastructure and Mobility divisions under CEO Roland Busch; per its FY2023 annual report the group employed roughly 320,000 people worldwide and generated about €77.7 billion in revenue.
- India launch
- 1986
- Maturity
- Innovation & R&D Hub
STSPL runs foundational technology development, forward-looking research, and global business services across five India delivery centers with 10,000+ employees, consistent with a large, mature R&D/innovation captive.
Location rationale
Bengaluru anchors Siemens' largest India engineering/software talent pool and its principal Digital Industries/industrial-software R&D work; Pune adds access to Maharashtra's automotive, manufacturing and industrial-engineering ecosystem.
Timeline
- 1986
Siemens Technology and Services Private Limited (STSPL) incorporated in India (CIN U99999MH1986PTC093854), registered in Mumbai.
- ~2000 (approx.)
STSPL CEO Pankaj Vyas stated in a Nov 2025 interview that the center was established 'over 25 years ago' as an offshore development center.
- 2019
Naveen Mohan appointed Whole-time Director of STSPL, effective October 1, 2019.
- 2021
Pankaj Narayanrao Vyas appointed Managing Director/CEO of STSPL, effective October 1, 2021.
- 2025
STSPL reported a workforce of 'a little over 10,000' employees across delivery centers in Bengaluru, Chennai, Pune, Noida and Gurgaon (~6,500 in foundational technology roles, the rest in global business services).
Leadership context
Pankaj Narayanrao Vyas is CEO and Managing Director of Siemens Technology and Services Pvt Ltd (STSPL), Siemens' captive R&D/GCC entity in India - distinct from Siemens Ltd India, the separately listed public company. MCA filings show he was appointed MD of STSPL effective October 1, 2021. This is a different person and role from Praveen Deshmukh (on file), who holds a VP HR title and is not the GCC entity's CEO/MD.
Real estate
STSPL operates delivery/R&D centers in Bengaluru, Chennai, Pune, Noida and Gurgaon. Siemens Ltd's registered head office is Birla Aurora, Worli, Mumbai - the same address appears as STSPL's registered office in MCA records.
Hiring signal
- Open roles
- Not disclosed
- As of
- 2025-11-18
- Cloud/edge computing engineers
- Cybersecurity specialists
- AI/ML engineers
- UX/interface designers
- Digital industrial software engineers
News and developments
'Talent at Scale, Not Cost': Siemens Technology and Services CEO on Why GCCs Stay in India
STSPL CEO Pankaj Vyas describes a workforce of just over 10,000 (about 6,500 in foundational technology roles), delivery centers in Bengaluru, Chennai, Pune, Noida and Gurgaon, and 200+ new global roles added in the past 5-6 years in cloud/edge computing, cybersecurity, AI/ML and UX.
2025-11-18 Outlook Business ↗
Sources
Sources and research notes
Source: Indian GCC 2026 Master Compendium, Company Master and research records. Sector, mandate and public leadership are derived fields. Missing values are shown as not disclosed. Revenue and global headcount describe the parent company, not the India centre.