Schneider Electric, a global leader in energy management and automation, is strengthening its presence in India with a Rs 3,200-crore investment.
The company aims to establish new manufacturing units in Kolkata and Hyderabad while enhancing production capacity at its current sites.
Manish Pant, Executive Vice-President (International Operations), highlighted India as a key market, expressing confidence in the country’s growth potential.
“We have already announced about Rs 3,200 crores of investment and we continue to expand our factories. In the recent past, we have inaugurated factories in Bangalore, we have made a new factory in Hyderabad, and we have announced the expansion in our vacuum factories, where we make medium voltage circuit breakers in Kolkata,” Pant told Financial Express.
India Among Top Growth Markets
Pant identified India, the US, and West Asia as Schneider Electric’s top three growth markets.
“The way the economy is growing, the way the energy transition is growing in India, we are very strongly committed and have a very strong presence here. We need to continue to invest here to match the growth,” he asserted.
Additionally, Pant further noted, “We are making sure that we bring the world-class industrial facilities and at the same time, there is an expansion of our capacities to meet the demand in India, but that expansion demand has to come with new innovations that we are also doing in India.”
Schneider Electric leverages its Lauritz Knudsen brand to create industry-specific solutions tailored to local needs, spanning agriculture to infrastructure.
Simultaneously, its subsidiary, Luminous Power Technologies, concentrates on providing energy solutions for homes.
Pant further highlighted the company’s strong global financial performance, with an EBITDA margin of 18.6%, and expressed confidence in sustaining healthy growth. He identified India, the US, and West Asia as the key regions driving expansion through 2027.
Pant emphasized Schneider Electric’s solid financial standing, noting its strong global margins and an 18.6% EBITDA margin.
He however pointed to India, the US, and West Asia as key growth drivers, fueled by rising demand for energy solutions, infrastructure development, and digital transformation.
To seize emerging opportunities, the company plans to sustain investments in these regions through 2027.
Pant said, “We can bring more digitization, and that is our focus because it significantly helps customers optimize power usage within their homes.”
Schneider Electric currently operates 31 manufacturing units in India and continues to expand its footprint to meet growing market demands.
Also Read: India’s Economy Rebounds To 6.3% Growth; Driven By Government Spending
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