Know About One Of The First Multi-National Corporations To Enter India
Writer: Al Arafat Sherfuddeen (President, Content & Monetisation)
Passionate writer about current events, politics and happenings nationally and globally. An agent of communal harmony and an ardent Arsenal fan.
14 July 2016 12:29 PM GMT
Editor : Al Arafat Sherfuddeen
Passionate writer about current events, politics and happenings nationally and globally. An agent of communal harmony and an ardent Arsenal fan.
Siemens was one of the first multinational corporations to set up base in India. The company successfully sent a telegram from London to Calcutta, now Kolkata, for the first time in history through an 11,000-km long telegraph line it had constructed. The telegraph line shortened the time required to send messages from Britain’s capital to India headquarters down from 30 days to 28 minutes. The project paved the way for Siemens strong relations with India which continue till date. The India unit of Siemens continues to be one of its largest sources of revenue today.