Schneider Electric India has lined up an investment of Rs 3,200 crore by 2026 to increase its footprint in the country, company’s CEO & MD Deepak Sharma said.
The investments will be made in nine states, Sharma who is also the President – Greater India region told PTI in an interaction.
“In line with our growth ambitions, we have plans to invest EUR 350 million (Rs 3,200 crore) in expanding our industrial footprint with the addition of 12,00,000 square feet up to 2026. These investments are spread over Gujarat, Telangana, Karnataka, West Bengal, Odisha, Tamil Nadu, Maharashtra, Himachal Pradesh, and Uttarakhand,” Sharma said.