Global leader in digital transformation of energy management and automation Schneider Electric on September 29 broke ground on its ₹300 crore smart factory in Telangana.
To come up on over 18 acres in GMR Industrial Park, it will be the company’s second plant in Telangana and 31st in the country. Hyderabad also hosts the existing facility. The new factory will be implemented in three phases entailing a total investment of ₹900 crore.
When completed, it will be the largest and smartest factory of Schneider Electric and employ 3,000 people, Industries and IT Minister K.T. Rama Rao said at the groundbreaking ceremony organised in the city, in which Ambassador of France Emmanuel Lenain and senior leadership of the company participated.