Ozva AdminSpread across 18 acres, the upcoming unit will be the company’s second factory in Telangana, and will serve as a harbinger of growth while building resilience in supply chain operations. The new facility will be developed in two phases. The first phase with a facility area of 2 lakh square feet is expected to be completed in September 2023.
KT Rama Rao at the ceremony said: “I congratulate Schneider Electric on this momentous occasion. The upcoming smart factory will greatly contribute to the state’s economy, which is reinforcing its position as a leading investment hotbed. With India growing as an economic powerhouse, the opportunities are enormous. We believe that this facility, in addition to meeting the needs of the industry, will also increase income-generating opportunities and drive job creation.”
Speaking at the ceremony, Lenain said: “This factory will be a demonstration of how cutting-edge technology can support sustainable manufacturing and job creation. It is also emblematic of the economic dynamism and attractiveness of Telangana for French businesses. Schneider Electric’s decades-long presence in India is a success story that reflects the strength of the Indo-French partnership and France’s commitment to helping India achieve its sustainable development goals.”
“The upcoming state-of-the-art smart factory is testament to our commitment to making Hyderabad a leading manufacturing hub in the country. We will invest more than 300 million rupees in this project, which in turn will create an additional 1,000 jobs. We believe that, as an industry leader, this is the most opportune time for us to accelerate our efforts and contribute to the economic growth of the country and individual states. We follow the India for India and India for Globe strategy, manufacturing in India for local consumption and global exports to more than 30 countries. This project will contribute to our ongoing efforts for Aatmanirbhar Bharat,” said Anil Chaudhry, Zone President, India and CEO and MD Schneider Electric India.
Javed Ahmad, Senior Vice President, Global Supply Chain, International Region, Schneider Electric added: “The vision behind this facility is to meet the needs of our customers and be more resilient against future disruptions. The next smart factory will harness the power of Industry 4.0 technologies to make better, faster decisions to improve the customer experience. This new facility with 75% export volume capacity will strengthen our position as a trusted export hub for our global customers. The expansion of our manufacturing base in Telangana will also amplify our contributions to the Make In India program.”
Schneider Electric is constantly leveraging new age technologies to meet changing customer needs. The company’s success resonates around the world. Schneider Electric’s existing smart factory in Hyderabad was recently recognized as an Advanced Lighthouse by the World Economic Forum. In manufacturing mission-critical products, this Hyderabad smart factory has leveraged Schneider Electric’s Fourth Industrial Revolution (4IR)-based EcoStruxure solutions supported by AI deep learning, IIOT infrastructure, and predictive and prescriptive analytics.
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