 "Indian railway equipment merits rational GST rate: Tilak Raj Seth")
Siemens and Alstom recently announced the merger of their rail businesses. TILAK RAJ SETH, executive vice-president of Siemens and chief executive officer of its mobility division in India, talks to Shine Jacob about the merger, the effect of the goods and services tax on the industry and about the company’s plans for India. Edited excerpts:
What is the state of the merger of the rail businesses of Siemens and Alstom?
Closure takes time. We expect it by the end of the next calendar year. It could take anything between 12 and 18 months. Until that time both organisations continue to remain fierce
