Overview
- The ₹623 crore will expand Schneider Electric’s plants at Gagillapur and Shamshabad in Hyderabad.
- Capacity gains target electrical safety and control gear, including air circuit breakers, moulded case circuit breakers, contactors and push buttons.
- The commitment followed a meeting at the World Economic Forum in Davos between Chief Minister A. Revanth Reddy’s delegation and Schneider India CEO Deepak Sharma.
- Talks also covered collaboration on energy transition, storage, grid modernisation, energy efficiency and digital power for industrial parks and urban infrastructure.
- Schneider said it runs 38 skilling and development centres in the state, while officials did not disclose timelines, job numbers or incentives.