Schneider Electric Plans Unit In Hyd

New Delhi: Global energy management and automation giant Schneider Electric has announced plans to set up three more manufacturing plants in India as part of its expanding investment portfolio in the country. Schneider Electric CEO Olivier Blum said the three new plants will come up at Kolkata, Hyderabad and Ahmednagar. The company already has 31 manufacturing plants in the country.

Speaking at the Elecrama 2025 business event, 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 per cent over the next 25 years.”

“India is a key market and strategic hub for our global growth. We are dedicated to creating jobs.”he added.