Schneider Electric unveils sustainable energy solutions at Elecrama, announces Rs 1400 Cr investment

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Schneider Electric unveils sustainable energy solutions at Elecrama, announces Rs 1400 Cr investment

Schneider Electric unveils sustainable energy solutions at Elecrama, announces Rs 1400 Cr investment

Industry News
Feb 20,23

European MNC, Schneider Electric celebrates its 60 years in India. At Elecrama 2023, it showcased a wide range of energy management and next-gen automation solutions, reaffirms commitment towards Atmanirbhar Bharat and announced an investment of Rs 1400 crores to increase its manufacturing footprint by building five new factories.

Schneider Electric unveils sustainable energy solutions at Elecrama, announces Rs 1400 Cr investment

Schneider Electric, accelerated the digital transformation of the Indian power sector at IEEMA’s flagship event, Elecrama 2023, by showcasing its wide range of energy management and next-gen automation solutions. Schneider Electric is a global leader in energy management and automation and is aligned with the government of India’s vision of Aatmanirbhar Bharat and Make in India, under its two Brands two Sales strategies. With its cutting-edge digital solutions and a strong R&D base, Schneider Electric expects to play a critical role in India’s growth, especially in the next 25 years of the ‘Amrit Kaal’ period.

During this five-day event and exhibition, the company aims to reach out to its key stakeholders and showcase solutions that aim to accelerate the digital transformation of businesses in India, drive efficiency, and raise productivity thereby enabling them to bolster their sustainability strategy and future-proof themselves for a greener tomorrow.

At the event, Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric said, “I am proud to share that we have been present in India for approximately 60 years. In the last six decades, we have established a strong presence in the country, with multiple smart factories, distribution centres, R&D facilities, a large network of partners, customers, and over 34,500 employees. India is integral to Schneider Electric’s progressive strategy, and the role of this hub will only grow manifold in the coming years. At Elecrama, we are showcasing the widest range of solutions for energy management, digitisation, automation, and sustainability through our Schneider Electric and L&T Electrical and Automation Brands. While contributing to India's economic growth, we have also been supporting local communities by training energy professionals, fostering entrepreneurship, providing access to digital education and creating awareness about sustainability.”

Adding to this, Anil Chaudhry, Zone President, India and MD and CEO, Schneider Electric India Pvt. Ltd. said, “Our large presence at Elecrama 2023 aims to reinforce our commitment and actions towards a more sustainable India. Schneider Electric Group is proud to be the sustainability partner for Elecrama 2023. With our two Brand and two Sales Strategy, we aim to provide superior value to our customers by offering a wide range of technologically advanced products and solutions across portfolios, applications, and segments. I am also proud that we have completed six decades of our presence in the country. It has been a phenomenal journey, where a customer-first approach, constant innovation, and breadth of our offers across end markets gave us an edge. We will continue to support the government of India's vision of creating an Atmanirbhar Bharat in the Amrit Kaal and aim further to invest Rs 1400 cr over the next 2 years to meet the ‘Make in India’ industrial ambition.”

The company also launched a new Sustainability research report: Path to Developed and Decarbonised India, intending to help accelerate India's efforts towards achieving its climate target by developing a futuristic energy system at Elecrama.

At Elecrama 2023, Schneider Electric is showcasing its state-of-the-art technologies and solutions for homes, buildings, industries, infrastructure, data centres and other sectors for creating a brighter, more sustainable future together. The company is also demonstrating endpoint to cloud integration connecting products, controls, software and services across segments. Schneider Electric’s portfolio of products and services are aimed at helping customers achieve their energy efficiency and sustainability goals, increase productivity and competitiveness, and reduce their carbon footprint. In addition to showcasing its products, the company is also organising various technical sessions and workshops to share its expertise and insights with attendees.