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

06:12 PM Mar 21, 2024 | PTI |

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.

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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.

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