Schneider Electric, on September 29, 2022, hosted the groundbreaking ceremony of its upcoming smart factory at GMR Industrial Park in Hyderabad, Telangana.
The event was graced by the presence of KT Rama Rao, Minister of IT, Industries, Municipal Administration & Urban Development, Telangana; H.E. Emmanuel Lenain, Ambassador of France to India; and Jayesh Ranjan IAS, Principal Secretary to Government of Telangana, Department of Industries & Commerce.
Spread over 18 acres, the upcoming unit will be the company’s second factory in Telangana, strengthening resilience in supply chain operations. The new facility will be developed in two phases, with a total outlay of around Rs.300 crore. The first phase with 2 lakh sqft facility area is expected to be completed in September 2023.
Speaking on the occasion, KT Rama Rao, noted, “We believe this facility, apart from catering to the needs of the industry, will also magnify revenue generation opportunities and boost job creation.”
According to the Ambassador of France, H.E. Emmanuel Lenain, said, “I am proud to congratulate Schneider Electric on this new milestone. This factory will be a demonstration of how state-of-the-art technology can support sustainable manufacturing and job creation.”
“We will be investing over Rs.300 crore in this project, which will in turn create additional 1,000 jobs. This project is set to contribute to our ongoing efforts for Aatmanirbhar Bharat. And I thank the State of Telangana for the support extended to make this dream a reality,” according to Anil Chaudhry, Zone President, India and CEO & MD Schneider Electric India Pvt Ltd.
Javed Ahmad, Sr. Vice President, Global Supply Chain, International Region, Schneider Electric added, “The upcoming smart factory will harness the power of Industry 4.0 technologies to make better and faster decisions for enhanced customer experience. This new facility with 75 per cent export volume capacity will strengthen our position as a reliable export hub for our global customers.”
This upcoming Hyderabad smart factory has leveraged Schneider Electric’s Fourth Industrial Revolution (4IR) based EcoStruxure Solutions backed by AI deep learning, IIOT infrastructure, and both predictive and prescriptive analytics.
Also read: Schneider Electric Launches “Green Yodha” Initiative In India
