Schneider To Acquire Full Stake In India Arm For Rs 589 Billion

31 Jul 2025 CW Team

Schneider Electric has announced that it will acquire the remaining 35 per cent stake in Schneider Electric India Private Limited from Singapore’s Temasek for €5.5 billion (approximately Rs 589 billion or $6.4 billion) in cash. This move grants the French industrial technology firm full ownership of its Indian operations and aims to enhance decision-making efficiency as India becomes an increasingly vital hub in its global operations.

This acquisition underscores Schneider’s strategic emphasis on India as a key domestic market and manufacturing base for the Asia Pacific and other emerging regions. The company views this step as a logical extension of its long-term investment commitment to India—its third-largest market and one of four global hubs.

In 2024, the Indian unit posted statutory revenues of €1.8 billion, with total sales across its subsidiaries in India reaching €2.5 billion. Schneider Electric anticipates strong double-digit compound annual growth rates for its Indian business in the coming years.

Citing India’s favourable economic trajectory, the company stated the timing was ideal to take full control and unlock greater value. It plans to expand its Indian manufacturing capacity by 2.5 to 3 times, aligning with national initiatives such as 'Digital India' and 'Make in India'.

Schneider has operated in India for over six decades and employs a large workforce across research, development, and digital supply chain functions.

“India is one of Schneider Electric’s key focus markets for the years ahead,” said Olivier Blum, CEO of Schneider Electric. “We look forward to leveraging India’s exceptional R&D, digital, and supply-chain talent to support our operations globally.”

The deal is expected to close in the upcoming quarters.

This acquisition follows the 2018 partnership between Schneider Electric and Temasek to acquire Larsen & Toubro’s Electrical and Automation division, later rebranded as Lauritz Knudsen.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..