Schneider Electric, a global leader in energy management and automation is ramping up its Operations In India. With a possible Rs 3,200 crore investment plan on the horizon. The company has shared plans to set up a new manufacturing plant in Kolkata and Hyderabad, Beyond that it has also shared details about expanding the existing facilities. In a report Manish Pant executive Vice President, said that the company is optimistic about a pool of opportunities in India, and beyond that the firm has established plans for continued investments in the country.
“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,” he said.
Highlighting the dynamics that showcase future growth , pant spoke about how India, The US as well as the West Asia are the three big growth markets for the company. He further spoke about how the growth trajectory of the energy transition is showcasing an expansive vacuum for growing in India. As per them they are very strongly committed and have a very strong presence here.
“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,” he said.
Localized EV solutions are the main aim of the Lauritz Knudsen Brand, Schneider Electric. They want to give profound solutions to EV dynamic ranging from agriculture to Infrastructure. Beyond that the companies plans for its Luminous Power Technologies arm is to aim for serving residential markets better.
Speaking on its financial performance, Pant put forth that the company margins at the global level are healthy with its EBITDA margin at a 18.6%, And Beyond that Schneider hopes to maintain a healthy growth rate. India the Us, and West Asia are the three main areas in which the company seeks largest growth in 2027.
The Company’s financial performance is worth highlighting, the company has been maintaining an EBITDA margin of 18.6%. Increasing Demand for energy solutions, infrastructure expansion and digital transformation are some of the goals that the brand would be focusing towards. The Company has been planning profound investments in these regions to capitalize on emerging opportunities through 2027.
“We can bring more digitization, and that is our focus because it significantly helps customers optimize power usage within their homes,” Pant said.
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