Schneider Electric to Invest ₹3,200 Crore in India for Expansion

Photo Credit: KNN
Schneider Electric, a global leader in energy management and automation, has announced a ₹3,200 crore investment to expand its manufacturing footprint in India. The company plans to set up new plants in Kolkata and Hyderabad while increasing capacity at its existing facilities.
Speaking to Financial Express, Manish Pant, EVP (International Operations), emphasized India’s growing opportunities in the energy transition sector. He highlighted that Schneider Electric has recently opened factories in Bengaluru and Hyderabad and expanded its vacuum circuit breaker production facility in Kolkata.
India Among Key Growth Markets
Pant identified India, the US, and West Asia as Schneider Electric’s primary growth markets through 2027. He stressed that India’s economic growth and digital transformation make it a crucial investment destination.
The company aims to introduce world-class industrial facilities with a strong focus on localized solutions through its Lauritz Knudsen brand across agriculture and infrastructure. Meanwhile, Luminous Power Technologies continues catering to the residential market.
Robust Financial Performance & Innovation Focus
With an EBITDA margin of 18.6%, Schneider Electric remains financially strong. Pant reiterated the company’s commitment to digitization, helping customers optimize power usage efficiently.
Currently, Schneider Electric operates 31 manufacturing units in India, solidifying its long-term commitment to the country’s energy and automation sector.
Source: Financial Express