Synopsis: Mumbai hosted Siemens’ sixth Transform - Innovation Day, where Siemens’ Member of the Managing Board and CTO Peter Koerte declared that “AI is going to transform the many sectors that you have, and India is going to gain and contribute the most”. Siemens Limited MD and CEO Sunil Mathur hailed India as a “stable oasis” even as VUCA tensions escalate. Discover the blueprint in sync with Viksit Bharat, with “textbook AI” now becoming a “business reality”.

The morning after India’s T20 squad notched a thrilling win over England in the T20 World Cup semi-final on March 5, nearly 400 CXOs gathered at Fairmont Mumbai. Echoing the triumph of the glorious win, at the sixth Transform - Siemens India Innovation Day, leaders made a case for a practical and visionary economic future, unpacking how industrial artificial intelligence (AI) can fuel the nation’s $30-trillion Viksit-Bharat ambition by 2047.

Indu Sharma, Vice President for Communications at Siemens Limited, set the tone: “Believe me, whatever energy you throw in, we will throw it back at you.” She framed the day as a deep dive into industrial AI’s real-world pivot, transitioning from textbook concepts to business realities, featuring a keynote by CTO Dr. Peter Koerte, expert sessions by Dr. Dirk Didascalou, Head of Foundational Technologies at Siemens AG, Dr. Kolja Zakrzewski, Head of Electronics & Semiconductors at Siemens AG, and Robert H.K. Demann, Head of Smart Infrastructure, Siemens Limited, on future technologies, plus vertical spotlights on AI factories, simulations, and infrastructure, all supported by live exhibits.

A VUCA world now amplified

Sunil Mathur, MD and CEO of Siemens Limited, recalled how six years ago, at Transform’s launch, discussions on manufacturing, infrastructure, and mobility flowed against the backdrop of a “nascent VUCA world”. A few years ago, the conversations at each edition of Transform centred on manufacturing, infrastructure, and mobility, and on India’s need to move up the value curve to realise the ambitions outlined for the country. “Technology was a critical component at that point in time, but in the last six years, a lot has changed,” Mathur said.

While leaders often spoke about operating in a VUCA world, Mathur noted, the last few years have made that reality unmistakably clear. At the same time, in the last couple of years, AI has become real in the industrial manufacturing space, across the infrastructure, and in our day-to-day lives. “So effectively, the world has changed at a pace that it has never changed before in the last five to six years,” Mathur said.

India, a “stable oasis”, grows amid global volatility

Against this backdrop, Mathur affirmed that India stands as a “stable oasis” with 7-7.5%........

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