Schneider Electric setting up second smart factory in Telangana
Schneider Electric has laid the foundation for its Rs 300 crore state-of-the-art Smart Factory in Telangana.
The new facility coming up at the GMR Industrial Park, Hyderabad will be developed in two phases, with the first unit spread over two lakh square feet expected to be completed by September 2023.
KT Rama Rao, Telangana minister for IT, industries, and urban development and Emmanuel Lenain, Ambassador of France to India attended the ground breaking ceremony on Thursday.
Spread over 18 acres, the upcoming unit will be the company’s second factory in Telangana, intended to strengthen supply chain operations. The project is expected to create an additional 1,000 jobs.
