Schneider May Buy Rs 83B Stake From Temasek in India Arm

18 Jul 2025 CW Team

Schneider Electric SE is reportedly in talks to acquire the remaining 35 per cent stake in its Indian joint venture from minority partner Temasek Holdings Pte for around USD 1 billion (approximately Rs 83 billion), according to sources cited by Bloomberg.

The transaction would value Schneider Electric India Pvt Ltd at about USD 5 billion (around Rs 415 billion), including debt. While discussions are ongoing, there is no guarantee that a final agreement will be reached.

Temasek has been evaluating several exit options, including a direct stake sale to Schneider or a third party, or through an initial public offering, as previously reported by Bloomberg.

The French parent company currently holds a 65 per cent stake in the Indian entity. This ownership structure was formed in 2020 following the merger of Schneider’s Indian low-voltage and industrial automation business with Larsen & Toubro Ltd’s electrical and automation division.

Founded in 1836, Schneider Electric has evolved from a manufacturer of electrical equipment into a global leader in energy management and industrial automation, offering a broad range of software and digital solutions for buildings, data centres, and industrial operations.

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