Schneider Electric to invest ₹425 crore for smart factory in Bengaluru
The new factory will manufacture a large scope of products from single phase UPS, three-phase UPS, power distribution units, low voltage drives to digital energy products related to meters, pre-fabricated data centres, relays and renewable energy products.
Schneider Electric on Thursday said it plans to invest ₹425 crore to develop a new smart factory in Bengaluru.
Under the plan, the new factory will be expanded to 10 lakh square feet from the current 5 lakh square feet. (Enterprise IT World)
"The new smart facility will consolidate 6 out of 10 existing factories of the company in Bengaluru, under one roof," Schneider Electric said in a statement.
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Under the plan, the new factory will be expanded to 10 lakh square feet from the current 5 lakh square feet.
"Our new manufacturing campus will be one of our largest smart factories, globally, to be based in India. It will contribute to the country's economic growth in coming years, while significantly contribute to make India Atmanirbhar," Anil Chaudhry, Zone President - India and CEO & MD of Schneider Electric India Pvt Ltd, said.
The new factory will manufacture a large scope of products from single phase UPS, three-phase UPS, power distribution units, low voltage drives to digital energy products related to meters, pre-fabricated data centres, relays and renewable energy products.
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The expansion will also create over 1,000 jobs, taking the headcount to 3,000, the statement added.
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The expansion will also create over 1,000 jobs, taking the headcount to 3,000, the statement added.
According to the company, the upcoming unit will also have 80 per cent export volume capacity to customers in 30 countries across the world.
The proposed facility will be a union of three different kinds of manufacturing capabilities -- electronics PCBA, electronics products, and electronics systems.
"With a projected sale of over ₹5,200 crore by 2026, this manufacturing base expansion in Karnataka will also amplify our investments in 4IR technologies to ensure operational, efficiency, and sustainability, Javed Ahmad, Senior Vice President - Global Supply Chain (International Region) at Schneider Electric, said.
Yamini CS is a Senior Content Producer at Hindustan Times with nearly six years of experience in digital journalism. She is part of the India News desk, where she works on a wide range of stories cutting across civic issues, city-based developments, politics, governance, public policy, breaking news, trending topics, and international affairs that have an impact on India. Her role involves tracking fast-moving developments, verifying information from official and on-ground sources, and presenting news in a clear, accessible format for a digital-first audience. A significant part of her work includes handling live blogs during major news events, such as elections, court verdicts, political developments, civic disruptions, protests, weather-related alerts, and unfolding national or international incidents. Through live coverage, she focuses on timely updates to help readers follow complex stories as they evolve. Before moving to the broader India News desk, Yamini was associated with the Bengaluru desk at Hindustan Times, where she extensively covered urban governance, infrastructure, traffic and transport issues, weather events, public grievances, and civic administration in the city. This experience strengthened her grounding in city reporting and sharpened her focus on citizen-centric journalism. She began her career as a correspondent with Reuters after completing a postgraduate diploma in journalism from the Indian Institute of Journalism and New Media. Her early training instilled a strong emphasis on accuracy, sourcing, and news ethics, which continue to shape her reporting style. Outside of work, Yamini enjoys reading across genres, listening to music, and spending time with her family, which help her maintain balance in a fast-paced newsroom environment.
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