+
Schneider May Buy Rs 83B Stake From Temasek in India Arm
ECONOMY & POLICY

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

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. 

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. 

Related Stories

Gold Stories

Next Story
Infrastructure Urban

KONE Opens India's First Digital Experience Centre in Pune

KONE, a global elevator and escalator manufacturer, has inaugurated its first Digital Experience Centre (DEC) in India, located in Pune. The facility aims to showcase how artificial intelligence (AI), connectivity and data-driven technologies can enhance customer experiences and improve building operations.The centre was inaugurated by Jussi Herlin, Executive Vice Chair, KONE Corporation; Philippe Delorme, President and CEO, KONE; and Nandan Nilekani, Co-founder and Chairman of the Board, Infosys.Designed as an interactive customer environment, the facility demonstrates digital solutions cover..

Next Story
Infrastructure Urban

CII GreenCo Launches Circularity Guidelines for Indian Industry

The Confederation of Indian Industry (CII) GreenCo Council has launched the CII GreenCo Circularity Guidelines – Pilot Version at the 17th CII GreenCo Waste & Resource Management Summit 2026 in Chennai. The initiative aims to strengthen resource efficiency, waste reduction and circular economy practices across Indian manufacturing and process industries.The guidelines introduce a structured framework with circularity indices covering raw materials, consumables, packaging and other resource inputs. These indicators will help industries assess existing practices, identify opportunities to ..

Next Story
Infrastructure Energy

Global Electronics Association Launches IPC-1783-CO2E Standard

The Global Electronics Association has introduced IPC-1783-CO2E, a new international standard aimed at improving consistency, transparency and comparability in product carbon footprint reporting across the electronics manufacturing industry.The standard, titled International Standard for Data Collection and Reporting of CO2 Equivalent (CO2e) Emissions for the Electronics Manufacturing Supply Chain, provides industry-specific guidance for collecting, estimating and reporting carbon emissions data.With increasing regulatory requirements and customer expectations, electronics manufacturers face c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code