Cooling factory opens in Bengaluru worth Rs one billion
ECONOMY & POLICY

Cooling factory opens in Bengaluru worth Rs one billion

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.

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.

Related Stories

Gold Stories

Next Story
Equipment

BEML Wins GeM Award for Highest MSE Order Value

BEML Limited has received the “Maximum Order Value to MSEs” award at the 10th Foundation Day celebrations of the Government e-Marketplace (GeM) held at Bharat Mandapam, New Delhi.Union Minister of Commerce and Industry Piyush Goyal presented the award, which was received on behalf of BEML by Anil Jerath, Director (Finance).The recognition acknowledges BEML's efforts to strengthen procurement from Micro and Small Enterprises (MSEs) through the GeM platform.BEML said its procurement initiatives are aimed at encouraging greater participation of MSEs in public procurement and supporting the gr..

Next Story
Equipment

BKT to Showcase Advanced Off-Highway Tyres at Bauma ConExpo

Balkrishna Industries Ltd (BKT) will showcase its latest off-highway tyre solutions at Bauma ConExpo India 2026, scheduled from September 15-18 at the India Expo Centre, Greater Noida.The company will display a range of application-specific tyres for construction, mining and industrial operations at Hall 12, Booth No. 1. Key products will include the EARTHMAX SR 30 for loaders and articulated dump trucks and the AIROMAX AM 27 for mobile cranes.BKT will also showcase MINE FORCE, EARTHMAX EXPERTO GD1, XL GRIP NEO, DYNA HAUL, CONSTEER and EARTHMAX SR423. The tyres are designed to operate under he..

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement