Under the agreement, the company will expand existing manufacturing facilities in Chennai and Coimbatore to strengthen production capabilities for advanced electrical equipment and energy management solutions. Furthermore, Schneider Electric will construct a new greenfield plant in Hosur.<\/p>\n
Consequently, the expansion will create 663 direct jobs, enhance employment opportunities in the region, and support the state’s economic development.<\/p>\n
New Plant in Hosur and Key Features<\/strong><\/p>\n As per Projects Today, the new 5,00,000-sq-ft manufacturing facility in Hosur’s Horizon Industrial Park will manufacture prefab solutions and cooling systems. Alongside core operations, this plant will include rooftop solar installations, energy-efficient HVAC systems, and EV charging infrastructure, demonstrating a focus on sustainability and modern manufacturing practices.<\/p>\n The expansion also reinforces Tamil Nadu’s position as a preferred hub for advanced electrical and energy management technology in India.<\/p>\n Government Engagement and Support<\/strong><\/p>\n The memorandum of understanding (MoU) for the \u20b9718 crore investment was formally signed in the presence of Tamil Nadu Chief Minister M.K. Stalin, highlighting strong state support for industrial growth. Officials emphasized that the region offers predictable approval processes. They also highlighted the skilled talent pool and robust infrastructure as key factors in securing the expansion commitment.<\/p>\n Future Outlook<\/strong><\/p>\n This strategic investment builds on Schneider Electric’s ongoing commitment to the Indian market. It also aligns with broader initiatives to enhance manufacturing, sustainability, and technology development across the country. The move marks a significant step toward reinforcing local industry while creating high-value jobs.<\/p>\n Media Contact<\/span> Schneider Electric India has committed to a significant investment of \u20b9718 crore to expand its manufacturing footprint in Tamil Nadu, boosting local production capacity and supporting long-term industrial growth in the state. Strategic Investment Plan Under the agreement, the company … Continue reading
Company Name:<\/strong> ABC Private Limited<\/a>
Contact Person:<\/strong> Media Relations
Email:<\/strong> Send Email<\/a>
Country:<\/strong> India
Website:<\/strong> https:\/\/www.se.com\/in\/en\/<\/a><\/p>\n<\/p>\n","protected":false},"excerpt":{"rendered":"