Schneider Electric, the global leader in the digital transformation of energy management and next-gen automation, has laid the foundation stone for its new manufacturing plant in Kolkata, West Bengal. The factory, located at Prospace Industrial Park, will span an area of 9 acres and involve an investment of INR 140 crore.
“Schneider Electric aims to accelerate and significantly grow its capacity in producing products such as vacuum interrupters (VI) and strengthen its power systems vertical through this new factory,” stated Schneider Electric.
This new facility is planned to be completed by February 2024, with the manufacturing operations expected to start in the second quarter of the next financial year.
In December 2022, Schneider Electric announced the consolidation of six of its existing factories to launch one of its largest smart factories, globally, in Bengaluru. In Sept 2022, it launched the construction of its new smart factory in Hyderabad, which, upon completion, will be its second smart factory in the city.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.