# 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.

- Type: Expansion
- Announced: 2022-12-20
- Where: Bengaluru, India
- Value: $51.4M (4.25B INR)
- Jobs: 1,000
- Starts operating: Jun 2024
- Status: announced
- Capacity: 1 million sq ft production capacity
- Products: single-phase UPS, three-phase UPS, power distribution units, drives, low voltage drives, digital energy products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Schneider Electric](https://endata.com/companies/2048.md)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/schneider-electric-to-invest-425-cr-in-bengalurus-smart-factory/article66285301.ece), 2022-12-20: "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."
- [biznewsdesk.com](https://biznewsdesk.com/business/schneider-electric-to-double-its-manufacturing-capacity-with-a-planned-investment-of-inr-425-crore-in-bengaluru/), 2022-12-23: "Deemed the Factory of the Future, our new manufacturing campus will be one of our largest smart factories, globally, to be based in India."
- [abnewswire.com](https://www.abnewswire.com/pressreleases/schneider-electric-to-invest-425-cr-in-bengalurus-smart-factory_633002.html), 2023-01-07: "Schneider Electric says it will invest ₹425 crore to create a new smart factory and in the process consolidate six of its existing factories under one campus in Bengaluru in the next 12 to 18 months."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.