Schneider Electric Commits INR 3,200 Cr Investment - News

Schneider Electric, a global leader in energy management and automation, plans to invest INR 3,200 crore by 2026 to establish India as its manufacturing hub. The company recently inaugurated a new facility in Bengaluru with an initial investment of INR 100 crore, dedicated to producing cutting-edge cooling solutions for data centers. The facility’s launch, which covers an area of 6.5 acres, was a major advancement in the company’s long-term investment plan for India. 

This investment initiative aims to strengthen domestic sales and exports by establishing manufacturing hubs in eight states, namely Telangana, Maharashtra, Karnataka, Gujarat, Tamil Nadu, West Bengal, Odisha, and Uttarakhand. These facilities will produce a variety of products, with a focus on advanced cooling technologies for the country’s thriving data center industry.

The company’s expansion to 30 factories across the country reaffirms its dedication to improving operations in India and supporting regional economic development.