Schneider Electric to Invest Rs. 3,200 Crore in India Manufacturing Hub
Electricals/Electronics Sector News | Project News | Project Update | Project Opportunities
Schneider Electric, a leader in energy management and automation, announces plans to invest Rs. 3,200 crore by 2026 to establish India as its manufacturing hub for both domestic and export markets. Recently inaugurated in Bengaluru with a Rs. 100 crore investment, the facility focuses on producing cooling solutions for data centers. The company is also setting up factories across Maharashtra, Karnataka, Gujarat, Telangana, Tamil Nadu, West Bengal, Uttarakhand, and Odisha as part of this expansion initiative.
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Note: The above-mentioned news was first published by us in our ProjectX India | 1st April 2024 edition.. Do you want to buy this issue or our latest issue? If yes! click here
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