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Schneider Electric launches construction of a new factory in India

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Schneider Electric launches construction of a new factory in India

May 14
09:16 2023

Schneider Electric is investing around INR 140 crore ($17 million) for setting up a new facility in Kolkata, West Bengal. The new facility will grow its vacuum interrupter production capacity and strengthen the power systems vertical.

Schneider Electric, the global leader in the digital transformation of energy management and next-gen automation, has laid the foundation stone for its new manufacturing plant in Kolkata, West Bengal. The factory, located at Prospace Industrial Park, will span an area of 9 acres and involve an investment of INR 140 crore.

“Schneider Electric aims to accelerate and significantly grow its capacity in producing products such as vacuum interrupters (VI) and strengthen its power systems vertical through this new factory,” stated Schneider Electric.

This new facility is planned to be completed by February 2024, with the manufacturing operations expected to start in the second quarter of the next financial year.  

In December 2022, Schneider Electric announced the consolidation of six of its existing factories to launch one of its largest smart factories, globally, in Bengaluru. In Sept 2022, it launched the construction of its new smart factory in Hyderabad, which, upon completion, will be its second smart factory in the city.

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.

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Country: India
Website: https://www.se.com/in/en/

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