Pros
Smart Grid Domain and related areas. Recently Siemens has acquired the company so it may have some positive impact.
Cons
The local management is pathetic and hopeless. They have absolutely no clue of how to manage technical people. Politics is their weapon to deal with any issue related to people. There is no one in the management who is accountable for anything. HR is being handled mostly by someone who is just out of college. The management feels that hiding truth and misguiding people is the best way to bury the issues. A clear lack of experience in doing any kind of management is highly visible in all aspects of work. Most of the decisions are taken by gut feeling or by how they were managed by their bosses in the past. The folks at Head Office have a blind trust on the local management or they don't care about anything related to India as long as work is getting done. The truth is that work is getting done just because of few key employees. The local management is under the illusion that they are good payers. Good pay is a relative term, unless you compete with all the companies around you in product space you cannot decide where you stand. But no one can prevent you from boasting what is not true.