Schneider Electric to invest in Bengaluru’s smart factory
ECONOMY & POLICY

Schneider Electric to invest in Bengaluru’s smart factory

In the upcoming 12 to 18 months, Schneider Electric said it will invest 4,250 million to build a new smart plant and merge six of its current units under a single campus in Bengaluru. In Bengaluru, it now runs 10 facilities.

The business has leased 55 acres of land for its most recent expansion on a 10-year lease that will be renewed every 10-years. According to Tamoud, the factories will be spread out over 22 acres of the 55 acres. "Our goal is to increase Schneider Electric's capabilities. About 30 nations will receive 80 percent of the factory's exports. As a result, we will be able to raise our manufacturing capacity from 50% to 60% over the next four years thanks to the new facilities.

According to the chief supply chain officer, the new facilities will be utilised largely for manufacturing for two of the company's businesses: energy management and industrial automation.

Products such drives, low voltage drives, power distribution units, single-phase and three-phase UPS, etc. We'll also produce digital energy items related to metres.

By 2026, Schneider Electric anticipates that the expansion will bring in over $52,000 million.

In the upcoming 12 to 18 months, Schneider Electric said it will invest 4,250 million to build a new smart plant and merge six of its current units under a single campus in Bengaluru. In Bengaluru, it now runs 10 facilities. The business has leased 55 acres of land for its most recent expansion on a 10-year lease that will be renewed every 10-years. According to Tamoud, the factories will be spread out over 22 acres of the 55 acres. Our goal is to increase Schneider Electric's capabilities. About 30 nations will receive 80 percent of the factory's exports. As a result, we will be able to raise our manufacturing capacity from 50% to 60% over the next four years thanks to the new facilities. According to the chief supply chain officer, the new facilities will be utilised largely for manufacturing for two of the company's businesses: energy management and industrial automation. Products such drives, low voltage drives, power distribution units, single-phase and three-phase UPS, etc. We'll also produce digital energy items related to metres. By 2026, Schneider Electric anticipates that the expansion will bring in over $52,000 million.

Next Story
Infrastructure Energy

REC Transfers HVDC Project to Power Grid

REC Limited has successfully handed over the Special Purpose Vehicle (SPV) for a High-Voltage Direct Current (HVDC) transmission project to Power Grid Corporation of India Limited (PGCIL). This strategic move aligns with the nation's objectives to strengthen its power transmission network. Key Highlights: Project Overview: The HVDC project, under the inter-state transmission system (ISTS) initiative, is a critical component of India's push toward robust and efficient electricity transmission. It aims to handle bulk power transfer across long distances while ensuring minimal losses. Role of RE..

Next Story
Infrastructure Transport

NF Railway Collaborates with IIT Guwahati

The Northeast Frontier (NF) Railway has signed strategic Memorandums of Understanding (MoUs) with IIT Guwahati to foster technological advancements and improve railway operations in the region. This partnership focuses on innovative solutions to enhance safety, efficiency, and sustainability in rail infrastructure. Key Highlights: Purpose of MoUs: The collaboration aims to leverage IIT Guwahati's expertise in technology and research for implementing cutting-edge solutions across railway operations. Key areas of focus include: Automation and digitization in maintenance. Sustainability initiati..

Next Story
Infrastructure Transport

Danapur Division Modernization Plans Revealed

The Railway Board has unveiled ambitious plans for the expansion and modernization of the Danapur Division, a critical hub under the East Central Railway. The initiative focuses on infrastructure development, enhanced passenger amenities, and operational efficiency. Key Highlights: Scope of Modernization: The Railway Board's blueprint emphasizes: Upgrading existing infrastructure to accommodate more passenger and freight traffic. Improving station facilities, such as platforms, waiting areas, and connectivity. Introducing advanced signal systems for safer and smoother operations. Freig..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000