{"id":373462,"date":"2020-09-14T11:45:14","date_gmt":"2020-09-14T06:15:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=373462"},"modified":"2020-09-14T11:45:14","modified_gmt":"2020-09-14T06:15:14","slug":"india-is-now-at-par-with-schneider-electrics-france-business-india-md-anil-chaudhry","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-is-now-at-par-with-schneider-electrics-france-business-india-md-anil-chaudhry\/","title":{"rendered":"India is now at par with Schneider Electric\u2019s France business: India MD Anil Chaudhry"},"content":{"rendered":"<p>MUMBAI: French-headquartered automation and energy solutions major Schneider Electric\u2019s India operations is now as big as its business in the parent country after the acquisition of Larsen &amp; Toubro\u2019s electric and automation division and the company plans to scale it up with a push on exports, a top executive told ET.<\/p>\n<p>As a part of its strategy to expand its presence in India, Schneider Electric announced a Rs 14,000 crore deal to acquire L&amp;T\u2019s E&amp;A division. The acquisition was concluded in August and the global major is now working on a \u2018100-day plan\u2019 to merge the company. With the acquisition, India has become the third largest business for the group, at par with France, and behind US and China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: French-headquartered automation and energy solutions major Schneider Electric\u2019s India operations is now as big as its business in the parent country after the acquisition of Larsen &amp; Toubro\u2019s electric and automation division and the company plans to scale it up with a push on exports, a top executive told ET. As a part of its strategy to expand its presence in India, Schneider Electric announced a Rs 14,000 crore deal to acquire L&amp;T\u2019s E&amp;A division. The acquisition was concluded in August and the global major is now working on a \u2018100-day plan\u2019 to merge the company. With the acquisition, [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-373462","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373462","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=373462"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/373462\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=373462"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=373462"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=373462"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}