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Dear Colleagues,
We are in the last quarter of this financial year and would like to
touch upon some of the key divisional issues. Though this year,
the Indian economy is on the growth path with a growth of GDP
of 8% compared to the previous year, the actual impact on our
businesses is yet to be felt.
Our business trend shows that new orders remain on a similar
level as previous year and our order backlog has fallen from Rs
19 billion to under 17 billion in the last 3 quarters. The key
initiative in the last two quarters has been the implementation Robert Wagner M. K. Vig
of the sales simulation measures which has been instrumental
in portraying I IS as a "Solution House for Industry". The special avenues to tap new business opportunities and aim to achieve
focus, of this program was on our portfolio diversification, positive results. Simultaneously, we must strive to hone our
green and environmental friendly solutions, venturing into data operational efficiencies, focus on collection of receivables and
centre business, transition from conventional technologies that continue with our cost management and customer focused
emphasize on energy optimization and the responsible use of initiatives.
resources, like green factories and waste heat recovery. As a
We have recently started seeing some positive responses from
team we have put all our efforts towards aiming profitable
the market as well from our customers. Some significant project
growth and improving our cash flow from operations, but still
contracts like Vedanta Aluminium Ltd-Integral Plant
we have a long way to go for achieving our final objectives.
Maintenance, BALCO-LT package, JP's BoP package for Churk and
Currently we need to focus all our efforts on two important Sidhi are scheduled to be booked in this quarter. So we must
areas i.e. securing new orders and achieving cash greater than further intensify our efforts towards winning new orders to
profit from operations at the end of FY 2010. Against this seize the market opportunities.
background, we are already in the last quarter and we need to
Together, with your support, we can make this happen. Once
focus our energies in the remaining months. This is the time
again, we personally thank each one of you for all your hard-
where we must consolidate our strengths and leverage on our
work and commitment.
brand's reputation. We need to be close to our customers,
understand their unique requirements, look for all possible Robert Wagner Mukesh Vig
CFA team reviewed all documents and transactions of the unit from 19th April to 30th April-2010.and we have been informed that the Reports are
satisfactory.
On 30th April a personal interview was conducted by Gibson Dunn partner Robert C. Blume and Attorney at law John. D. W. Patridge at
Siemens-Delhi Office for Ashoke Pan-C.E.O., Sukanta Chattopadhyay-C.F.O and Dipankar Ghosal- L.C.O. They have enquired several norms and
policies of the Company and also of the Customers and Vendors.
India compliance Conference was held in Mumbai on 6th and 7th May-2010. Corporate Siemens Compliance Team attended this
conference and discussed about:
Ø
Achievements and Challenges
Ø
Focus Anti Trust
Ø
Update and outlook on Compliance Training
Ø
Compliance Communication
2. Electrical safety
Practical demonstrations were given on Fire prevention, use of fire extinguishers & first aid administration. All the participants were
involved in mock exercises to help them understand for better implementation.
5
6
Organizational / Personnel Changes
Geoff Wingrove joined Siemens Limited as the Head of Metals Technology in Industry Solutions Division, India. He will be based in
Kolkata and will report to Robert Wagner. Prior to this Geoff Wingrove was with Siemens UK.
With effect from 1st June 2010, Anil Chopra, takes as the Chief Financial Officer of Siemens VAI Metals Technologies Pvt. Ltd in India.
He will be based at Kolkata and will report to Mukesh Vig. Prior to joining this division, Anil Chopra was Head of Compliance in India
New Joinees:
21 trainees joined the organization in July 2010 across various departments in the division.
• Nilesh Mittal joined the organization as Senior Manager-Business Administration in I IS IN Operations centre at Kharghar in April, 2010.
• Vikas Taneja joined the organization as Manager-Plant Services in IN2 Eco Serve OLM HO BD at Kharghar in April, 2010.
• Rajas Kunte joined the organization as Senior Manager-Business Administration in I IS HO at Kharghar in April, 2010.
• Ganesh Pai joined the organization as Manager-Plant Services in IN2 Eco Serve OLM HO BD at Kharghar in May, 2010.
• Mohtasib N. Mohammed joined the organization as Senior Executive-Engineering services in IN2 Eco Serve OLM HO BD at
Kharghar in May, 2010.
• Sweta Praharaj joined the organization as Executive-Business Administration in IN2 Eco Serve OLM WR at Kharghar in May, 2010.
• Venkataraman Subramanian joined the organization as Senior Manager-Operations in IN2 Eco Operations Centre at Kharghar in
May, 2010.
• Mustufa Feroz Khan joined the organization as Senior Executive-Sales in IN PAD Projects NR at New Delhi in June, 2010.
• Abhay Vibhandik joined the organization as an Executive -Technology in IN Pulp & Paper WR at Kharghar in June, 2010
• Raunak Sinha joined the organization as an Executive-Projects in I IS Water Technology at Kharghar in June, 2010.
We extend our hearty welcome to you all.
PAPERTECH 2010 Hyderabad (15-16 June, 2010) and environmental performance depend on the level of production
and technologies employed. Hence the pulp and paper
The Indian pulp and paper sector is one of the energy and water
manufacturers are increasingly on the look out for technologies. So
intensive sectors. The sector also offers tremendous scope for
to facilitate continuous improvement of energy, water and
improvement in environmental performance. The energy, water
environmental performance in Indian paper industry CII-Sohrabji
Godrej Green Centre has instituted an annual event PAPERTECH.
The 4th edition of Papertech 2010 was held on June 16-17, 2010
at CII-Godrej GBC, Hyderabad which was organized by CII and
Indian Paper Manufacturers Association. The theme of the event
was "Make Indian Pulp & Paper Industry World Class". I IS IN Paper
Group participated in the event as Gold Sponsors. The paper
portfolio was highlighted through paper presentations, panel
display, and brochures and other branding initiatives. Stanley
Dorasamy, Senior Sales and Marketing Manager from Siemens AG,
Germany presented a paper on Asset Performance Management in
7
Paper Industry.
Power Gen Exhibition 2010 Mumbai (21-23 April, 2010)
I IS Water Technologies participated in the Power Gen India Exhibition at Mumbai in April 21-23, 2010. This exhibition was a joint
participation from Siemens Energy Sector, I IS WT and SBT in which the energy sector took the lead in the exhibition. WT highlighted
its portfolio related to power sector through panel displays, visuals, brochures, CD and others.