Schneider Electric Invests Rs.23.6 Million

03 Jun 2024 CW Team

The Bengaluru real estate market has been witnessing a surge in commercial property investments, driven by the city's status as a major IT and tech services hub. Schneider Electric's investment not only adds to this momentum but also underscores the company's focus on fostering innovation and collaboration within its workspace. The newly acquired space is expected to accommodate a range of functions, including research and development, innovation labs, and office spaces, aimed at fostering creativity and driving synergies across teams.

Schneider Electric's decision to invest in Bengaluru also reflects the city's strategic importance as a key hub for the company's operations in India. With its vibrant ecosystem of tech talent and conducive business environment, Bengaluru offers a conducive setting for Schneider Electric to further its digital transformation agenda and enhance its capabilities in delivering cutting-edge solutions to its customers.

In conclusion, Schneider Electric's investment in Bengaluru exemplifies its commitment to growth and innovation, leveraging the city's dynamic business landscape to drive forward its strategic objectives. This move not only strengthens the company's presence in India but also underscores its vision to lead the way in shaping the future of energy management and digital transformation.

Schneider Electric, a global leader in digital transformation and energy management, has announced a significant investment of INR 200 crore ((Rs23.6 million) in acquiring 6.3 lakh square feet of commercial space in Bengaluru. This move underscores the company's commitment to expanding its operations and presence in India, particularly in one of the country's thriving tech hubs. The investment signals Schneider Electric's confidence in the potential for growth and development in the Indian market, aligning with its strategic vision to leverage innovation and technology to drive sustainable solutions. The Bengaluru real estate market has been witnessing a surge in commercial property investments, driven by the city's status as a major IT and tech services hub. Schneider Electric's investment not only adds to this momentum but also underscores the company's focus on fostering innovation and collaboration within its workspace. The newly acquired space is expected to accommodate a range of functions, including research and development, innovation labs, and office spaces, aimed at fostering creativity and driving synergies across teams. Schneider Electric's decision to invest in Bengaluru also reflects the city's strategic importance as a key hub for the company's operations in India. With its vibrant ecosystem of tech talent and conducive business environment, Bengaluru offers a conducive setting for Schneider Electric to further its digital transformation agenda and enhance its capabilities in delivering cutting-edge solutions to its customers. In conclusion, Schneider Electric's investment in Bengaluru exemplifies its commitment to growth and innovation, leveraging the city's dynamic business landscape to drive forward its strategic objectives. This move not only strengthens the company's presence in India but also underscores its vision to lead the way in shaping the future of energy management and digital transformation.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Infrastructure Energy

14 Oct 2025

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

Infrastructure Energy

14 Oct 2025

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..