Schneider Electric to invest in Bengaluru’s smart factory

22 Dec 2022 CW Team

In the upcoming 12 to 18 months, Schneider Electric said it will invest 4,250 million to build a new smart plant and merge six of its current units under a single campus in Bengaluru. In Bengaluru, it now runs 10 facilities.

The business has leased 55 acres of land for its most recent expansion on a 10-year lease that will be renewed every 10-years. According to Tamoud, the factories will be spread out over 22 acres of the 55 acres. "Our goal is to increase Schneider Electric's capabilities. About 30 nations will receive 80 percent of the factory's exports. As a result, we will be able to raise our manufacturing capacity from 50% to 60% over the next four years thanks to the new facilities.

According to the chief supply chain officer, the new facilities will be utilised largely for manufacturing for two of the company's businesses: energy management and industrial automation.

Products such drives, low voltage drives, power distribution units, single-phase and three-phase UPS, etc. We'll also produce digital energy items related to metres.

By 2026, Schneider Electric anticipates that the expansion will bring in over $52,000 million.

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..