Dec 20, 2022EXPANSIONBengaluru, India Schneider Electric to invest ₹425 crore in Bengaluru smart factory expansion
Schneider Electric will invest ₹425 crore to create a new smart factory campus in Bengaluru, consolidating six existing factories. The expansion will increase production capacity to 1 million sq ft and create 1,000 new jobs, with operations starting in 18 months.
Capacity
1 million sq ft production capacity
Productssingle-phase UPSthree-phase UPSpower distribution unitsdriveslow voltage drivesdigital energy products
“Our objective is to create extra capacity for Schneider Electric. Around 80 percent of the factory's output will be exported to about 30 countries.”thehindubusinessline.com
- 3 sources
- thehindubusinessline.comSchneider Electric to invest ₹425 cr in Bengaluru’s smart factory - The HinduBusinessLineVenkatesha Babu, Isha RautelaDec 20, 2022
- biznewsdesk.comSchneider Electric to Double its Manufacturing Capacity with a Planned Investment of INR. 425 Crore in Bengaluru | Biz News DeskSujataDec 23, 2022
- abnewswire.comSchneider Electric to invest ₹425 cr in Bengaluru’s smart factory | ABNewswireJan 7, 2023
Summarized from public sources; check the original articles before acting on it.
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