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23rd Feb 2025 · SEBI-Registered Analyst

SCHNEIDER
Plans to Open Three New Manufacturing Plants in India

Schneider Electric announces plans to establish three new manufacturing plants in Kolkata, Hyderabad, and Ahmednagar, adding to its existing 31 plants in India. The company has already committed to investing Rs 3,200 crore to expand its industrial footprint in the country, aiming to add 1.2 million ***** of area by 2026. India is Schneider's third-largest market globally and one of its four global hubs.

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