Schneider Electric to double its manufacturing capacity with investment of Rs. 425 Crore
By OEM Update Editorial December 23, 2022 10:45 am IST
Schneider Electric announces consolidating 6 of its existing factories to launch one of its largest smart factories, globally, in Bengaluru. It will reinforces local skill development by enabling 1000+ job opportunities by 2025.
Schneider Electric, one of the global leader in digital transformation of energy management and automation, plans to double its manufacturing capabilities with the development of a new smart factory in Bengaluru. With a planned investment of Rs. 425 crore, the new facility will consolidate 6 out of the 10 existing factories of the company in Bengaluru, under one roof.
Expanding its presence to a 1 million sq. feet of industrial setup from the current 500,000 sq ft,, the new smart factory will manufacture a large scope of products from single phase UPS, three phase UPS, power distribution units, low voltage drives to digital energy products related to meters, pre-fabricated data centers, relays and renewable energy products. The company will create 1000+ job opportunities taking the current headcount of this new smart factory to 3000 +. The upcoming smart factory will also have 80 percent export volume capacity to customers in 30 countries across the world.
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