Schneider Electric to invest Rs 3,200 cr to make India manufacturing hub

Energy management and automation major Schneider Electric said it will invest Rs 3,200 crore by 2026 to make India its manufacturing hub for domestic sales as well as exports.

Under the plan, Schneider Electric on Thursday inaugurated a facility with Rs 100 crore investment to produce cooling solutions for data centres in Bengaluru.

The company will invest Rs 3,200 crore for making India a manufacturing hub for the group, Schneider Electric India President-Greater India Zone and MD & CEO Deepak Sharma told PTI on the sidelines of plant inauguration.