Press release
Schneider Electric to invest Rs 3,200 cr to make India manufacturing hub
Under the plan, Schneider Electric on Thursday inaugurated a facility with Rs 100 crore investment to produce cooling solutions for data centres in Bengaluru.
Presently, the company has 30 factories across India, including the new cooling solutions factory inaugurated on Thursday. Sharma informed that the company is already engaged in setting up various facilities in India.This cooling solutions factory will focus on developing innovative cooling solutions to meet the growing exponential demand for the data centre ecosystem in the country. The new factory, which covers approximately 6.5 acres, has been built with an investment of Rs 100 crore (approximately EUR 10 million).
As much as 85 per cent of the products manufactured in this factory will be exported, significantly catering to the data centre segment, as well as to buildings, industry and infrastructure. Fully owned by Schneider Electric, this factory will play a crucial role in the company's global supply chain. This facility is the second such chiller solutions factory of the company across the world. It had set up the first such facility in Italy. Schneider Electric's latest factory showcases its unwavering commitment to providing advanced solutions and products that are highly efficient and sustainable. This new factory is equipped with cutting-edge technology and specialises in manufacturing cooling products and solutions that are tailored for data centres, telecom, commercial, and industrial applications, both in domestic and international markets.
About Schneider Electric
Schneider's purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
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Contact Person: Media Relations
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=schneider-electric-to-invest-rs-3200-cr-to-make-india-manufacturing-hub]
Country: India
Website: https://www.se.com/in/en/
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