Michael Ashley steps down from Frasers Group's board, will remain controlling shareholder. See who will run the company now

As a global innovator focused on digitalisation, electrification and automation relevant to all businesses and industries, Siemens is a leader in power generation and distribution, intelligent infrastructure, and distributed energy systems. Here’s a glimpse of how Siemens is enabling digital transformation across industries and verticals.

Thanks to the advent of hybrid work culture and online education, tier two cities and metros alike saw their electricity consumption shoot up significantly; creating the need for smart grids or electrical grids. These smart meters are aimed at enhancing customer satisfaction through seamless and error-free online billing, faster outage detection and quicker restoration of service.

Tata Power Delhi Distribution Limited (Tata Power-DDL) installed over 2,60,000 smart meters in North Delhi across domestic, commercial and industrial consumers to address pertinent issues like power theft, outage and revenue management, billing inefficiencies, and service reliability. Tata Power-DDL was able to achieve this feat in partnership with Landis+Gyr, a global leader in smart metering, and Siemens, a pioneer in smart grid solutions.

With smart meters, customers can get a valuable, real-time picture of their power consumption on their mobile phones, making a significant impact in their lifestyle. Smart meters are also a crucial first step in the direction of India’s vision of creating a smart energy grid that benefits consumers, entrepreneurs, and shareholders alike.

Smart meters are also a prerequisite to integrating more renewables into the grid and balancing loads. India is poised to witness considerable changes in its energy mix, with the country targeting 500 GW of renewable energy generation by 2030, to achieve Environment, Social and Governance (ESG) goals.

Indian e-commerce is poised to become the third largest market in the world at US$350 billion by 2030, according to a report by India Brand Equity Foundation (IBEF).

The growing e-commerce, retail, third party logistics (3PL), manufacturing industry and express delivery requirement in India has led to high demand of automated intralogistics solutions to improve operational speed and efficiency. Addverb Technologies creates differentiated warehousing solutions that help deliver products to end consumers in the fastest way possible and Siemens’ Digital Enterprise portfolio has helped them achieve this vision.

A diverse team of experts in automation and software preempted Addverb’s need for automated warehouses and provided them with the Digital Enterprise portfolio through the entire value chain. While Siemens’ automation equipment is used in Addverb’s products like carton shuttle, AGVs, sorting robots, RGVs, AS/RS (Automated Storage / Retrieval System), Conveyors etc, the industry software portfolio enabled Addverb to develop a Digital Twin to design, simulate, integrate, and validate their entire portfolio.

These and further technologies from Siemens allow Addverb to maintain both product quality and customer satisfaction. Siemens solutions not only increased efficiency by 20 percent but also reduced commissioning time from twelve months to less than six months. Powered by Siemens’ technologies, Addverb aims to expand to European, US and ASEAN markets while continuing to participate in India’s rapidly rising warehouse and logistics industry

Siemens has been a pioneer in electromobility on rails, which made modern, high-performance mass transit systems possible in the first place, starting in 1881. Whether it’s trams in dedicated lanes, elevated trains or subways: Siemens’ technological innovations for rail traffic are still recognized today as pioneering achievements in the ongoing development of urban mobility worldwide.

After shaping electrified mass transit systems for the world, Siemens Mobility is implementing Silicon Valley of India’s first driverless train to ensure enhanced safety for passengers and better capacity, punctuality and reliability. Siemens will provide automated train technology systems for Bengaluru Metro Rail Corporation Limited (BMRCL). The 18.8 km (16 elevated stations and 1 depot at Hebbagodi) Bengaluru Metro line is Reach 5 in the Phase 2 connecting Bengaluru between R V Road and Bommasandra.

Siemens is implementing advanced marine solutions coupled with automation technologies for India’s first fleet of 23 boats equipped with electric propulsion and battery integrated technology to improve safety, monitor critical functions and result in higher operational efficiencies and productivity.

Siemens will equip the boats with electric propulsion drive train, energy storage integration (battery) and vessel automation technologies for the boats that India’s largest and most advanced shipbuilder Cochin Shipyard Ltd (CSL) is building to strengthen Kochi Metro Rail’s last mile connectivity for islands around Kochi.

The energy storage systems enabled in the boat will help in reliable, uninterrupted supply of power to maximise performance and ensure zero carbon emissions. In addition, the ferries will also be equipped with automation systems for safe, cost saving and reliable operation of the vessels.

The new, open digital business platform, Siemens Xcelerator, comes as the world continues to go even more digital. The programme features a curated portfolio of IoT-enabled hardware and software, keeping in mind businesses of all sizes.