Schneider Electric to Open Three New Manufacturing Plants in India
Energy management and automation giant Schneider Electric has announced its plan to open three more manufacturing plants in India. This move signifies the company's commitment to expanding its industrial footprint and capitalizing on India's growth opportunities.
Expansion Details
The three new plants will be located in:
- Kolkata
- Hyderabad
- Ahmednagar
The announcement was made by Schneider Electric CEO Olivier Blum at the inaugural session of Elecrama 2025, organized by industry body IEEMA in Greater Noida.
Investment and Growth Strategy
Schneider Electric has already committed investments of Rs 3,200 crore to expand its industrial presence in India, with plans to add nearly 1.2 million sq.ft. area by 2026. The company currently operates 31 manufacturing plants in the country.
India's Market Potential
Olivier Blum highlighted India's focus on digitalization, sustainability, energy transition, and infrastructure modernization as providing unparalleled opportunities for growth. Schneider Electric aims to leverage AI and digitization to accelerate growth in the Indian energy sector.
The company believes that advanced technologies such as digital grids, IoT-enabled distributed energy resources, microgrids, smart buildings, and smart cities will reduce emissions by 75% over the next 25 years.
Strategic Hub for Global Growth
India is Schneider Electric's third-largest market globally and one of its four global hubs. The company is dedicated to investing in India's future, creating jobs, and contributing to sustainable development.
Product Showcase at ELECRAMA
Schneider Electric showcased a range of electrical and automation products and solutions at ELECRAMA, designed to accelerate India's energy transition. Deepak Sharma, Zone President - Greater India, managing director & chief executive officer, emphasized that the company's efficient, resilient, and sustainable portfolio will empower Indian companies on their digitization and decarbonization journey.
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