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L&T deal will push Make in India for the world: Schneider India chief

In a Q&A, Anil Chaudhry says the combined business will actively contribute to make the country green and digital

Anil Chaudhry, CEO, Schneider Electric India

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There is no separate royalty for brand use. It is all part of the deal value. Over a period, products using L&T brand will migrate to a new brand, Anil Chaudhry, CEO, Schneider Electric India said

Jyoti Mukul New Delhi

6 min read Last Updated : Sep 12 2020 | 1:09 AM IST

Around two years after it was first announced, French technology and electrical company Schneider closed a Rs 14,000-crore deal to buy out Larsen & Toubro’s electrical and automation recently. In an interview with Jyoti Mukul, Anil Chaudhry, chief executive officer of Schneider Electric India Pvt Ltd and zone president for the group here, shares the road map for integration of the two brands and the combined entity’s ‘Make in India for the world’ plan. Edited excerpts:

What will be the ownership or reporting structure for Schneider Electric India Pvt Ltd? Will it be an arm of Schneider Electric India or a

Topics : Larsen and Toubro Larsen & Toubro Schneider Electric Make in India Q&A

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