Cooling factory opens in Bengaluru worth Rs one billion

26 Mar 2024 CW Team

According to the business, the 6.5-acre cooling facility in Bengaluru will focus on creating cutting-edge cooling solutions to satisfy the nation's data center ecosystem's constantly rising need.

Schneider Electric India's Zone President for Greater India, Managing Director, and CEO, Deepak Sharma, stated: "The opening of this new manufacturing plant demonstrates our dedication to the Atmanirbhar Bharat mission. It demonstrates how far technology has come, acting as a lighthouse for creativity and progress, ready to meet the needs of the data centre industry. India is a crucial market for us, and we are committed to investing Rs 32 billion by 2026 to expand our presence in the country. This factory, as part of that commitment, will extend beyond manufacturing, creating employment opportunities in the state of Karnataka and supporting the growth of the local economy."

Schneider Electric, in a statement, explained that the new factory is equipped with state-of-the-art technology and specializes in manufacturing cooling products and solutions tailored for data centres, telecom, commercial, and industrial applications, both domestically and internationally.

The factory's primary focus will be on producing the latest generation of row cooling systems, high-efficiency chillers, and other precision air conditioning systems.

According to Grand View Research, the global data centre cooling market was valued at $18.65 billion in 2023 and is projected to grow at a compounded annual growth rate (CAGR) of 16.8% from 2024 to 2030. The increasing demand for energy-efficient data centres is expected to create significant growth opportunities for energy management companies.

Pankaj Sharma, Executive Vice President of the Secure Power Division and Data Centre Business at Schneider Electric, remarked, "The data centre industry is currently facing numerous challenges, with energy volatility being one of the significant issues. With the exponential growth of artificial intelligence, the demand for data processing is increasing rapidly, resulting in a heightened demand for cooling solutions."

"To meet this growing need, our factory is equipped to manufacture efficient cooling solutions that not only address the cooling requirements of high-density computing environments but also contribute to building resilient and sustainable data centre infrastructure," Sharma added.

Bengaluru's newest cooling farm is the result of investments made by Schneider Electric, a pioneer in energy management and automation worldwide. The official launch is scheduled for 28 March. In order to increase its footprint across the country by 2026, the corporation also intends to invest Rs 32 billion in India. According to the business, the 6.5-acre cooling facility in Bengaluru will focus on creating cutting-edge cooling solutions to satisfy the nation's data center ecosystem's constantly rising need. Schneider Electric India's Zone President for Greater India, Managing Director, and CEO, Deepak Sharma, stated: The opening of this new manufacturing plant demonstrates our dedication to the Atmanirbhar Bharat mission. It demonstrates how far technology has come, acting as a lighthouse for creativity and progress, ready to meet the needs of the data centre industry. India is a crucial market for us, and we are committed to investing Rs 32 billion by 2026 to expand our presence in the country. This factory, as part of that commitment, will extend beyond manufacturing, creating employment opportunities in the state of Karnataka and supporting the growth of the local economy. Schneider Electric, in a statement, explained that the new factory is equipped with state-of-the-art technology and specializes in manufacturing cooling products and solutions tailored for data centres, telecom, commercial, and industrial applications, both domestically and internationally. The factory's primary focus will be on producing the latest generation of row cooling systems, high-efficiency chillers, and other precision air conditioning systems. According to Grand View Research, the global data centre cooling market was valued at $18.65 billion in 2023 and is projected to grow at a compounded annual growth rate (CAGR) of 16.8% from 2024 to 2030. The increasing demand for energy-efficient data centres is expected to create significant growth opportunities for energy management companies. Pankaj Sharma, Executive Vice President of the Secure Power Division and Data Centre Business at Schneider Electric, remarked, The data centre industry is currently facing numerous challenges, with energy volatility being one of the significant issues. With the exponential growth of artificial intelligence, the demand for data processing is increasing rapidly, resulting in a heightened demand for cooling solutions. To meet this growing need, our factory is equipped to manufacture efficient cooling solutions that not only address the cooling requirements of high-density computing environments but also contribute to building resilient and sustainable data centre infrastructure, Sharma added.

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