The company currently has 31 manufacturing plants in the country. The three new plants will come up at Kolkata, Hyderabad and Ahmednagar, he said at the event organised by industry body IEEMA in Greater Noida.
“India’s focus on digitalization, sustainability, energy transition, and infrastructure modernization presents unparalleled opportunities for growth,” Blum said.
“We are leveraging AI and digitization to accelerate growth in the Indian energy sector. We believe that advanced technologies like digital grids, IoT-enabled distributed energy resources, microgrids, smart buildings, and smart cities will reduce emissions by 75% over the next 25 years,” he added.
Schneider has already announced investments of Rs 3,200 crore to expand its industrial footprint in India and plans to add nearly 1.2 million sq.ft. area by 2026.
India is Schneider’s third-largest market globally and one of the four global hubs. “India is a key market and strategic hub for our global growth. We are dedicated to investing in India’s future, creating jobs, and contributing to sustainable development,” Blum said. Separately, Schneider showcased a comprehensive range of electrical and automation products and solutions at ELECRAMA that will accelerate India’s energy transition.
Speaking at the event, Schneider Zone President – Greater India, MD & CEO Deepak Sharma said that the company’s efficient, resilient, and sustainable product and solutions portfolio will empower Indian companies on their digitization and decarbonization journey.
