Schneider Electric to invest Rs 3,200 cr to make India manufacturing hub
21 March 2024
Schneider Electric, a global player in energy management and automation, has invested Rs 100 crore in a new cooling factory in Bengaluru, officially launched on Thursday. The company has also earmarked an investment of Rs 3,200 crore in India by 2026 to expand its presence across the country.
The cooling factory in Bengaluru, spanning about 6.5 acres, will focus on developing “innovative” cooling solutions to meet the growing exponential demand for the data centre ecosystem in the country, the company said.
Schneider Electric, a global player in energy management and automation, has invested Rs 100 crore in a new cooling factory in Bengaluru, officially launched on Thursday. The company has also earmarked an investment of Rs 3,200 crore in India by 2026 to expand its presence across the country.
The cooling factory in Bengaluru, spanning about 6.5 acres, will focus on developing “innovative” cooling solutions to meet the growing exponential demand for the data centre ecosystem in the country, the company said.
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