After meeting Prime Minister Narendra Modi, Siemens AG President and CEO Joe Kaeser pledged "his support to Make in India initiative".
"Siemens is betting big on India with a plan to invest 1 billion euro and add 4,000 jobs to its existing workforce of 16,000 in the country," the company said in a statement.
Siemens is a global powerhouse focusing on the areas of electrification, automation and digitalisation.
One of the world's leading producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of systems for power generation and transmission as well as medical diagnosis.