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Schneider Electric announces plans to open manufacturing plants in India

Energy management and automation major Schneider Electric on Saturday announced plans to open three more manufacturing plants in India. Speaking at the inaugural session of Elecrama 2025, Schneider Electric CEO Olivier Blum said that the company plans to make regular investments in India. The company currently has 31 manufacturing plants in the country. The three new plants will come up at Kolkata, Hyderabad and Ahmednagar, he said at the event organised by industry body IEEMA in Greater Noida. "India's focus on digitalization, sustainability, energy transition, and infrastructure modernization presents unparalleled opportunities for growth," Blum said. "We are leveraging AI and digitization to accelerate growth in the Indian energy sector. We believe that advanced technologies like digital grids, IoT-enabled distributed energy resources, microgrids, smart buildings, and smart cities will reduce emissions by 75% over the next 25 years," he added. Schneider has already announced ..

Schneider Electric announces plans to open manufacturing plants in India
Updated On : 22 Feb 2025 | 6:48 PM IST

Schneider Electric shares rally after co posts net profit rise of 26% in Q2

Schneider Electric share price jumped up to 4.17 per cent at Rs 755.95 per share on the BSE

Schneider Electric shares rally after co posts net profit rise of 26% in Q2
Updated On : 14 Nov 2024 | 1:13 PM IST