Schneider Electric

Schneider Electric established an R&D team more than a decade ago in India. The global acquisitions of  Schneider Electric also positively impacted the growth of the R&D team in India as these acquisitions had their R&D base in the country earlier. In its Bengaluru office, the company has 1,100-plus full-time employees, who participate in developing its global offerings in power and automation as well as in clean energy space. The India staff participates in customer engagements to understand the needs of the customers. This has helped the company improve its designs. Proximity of R&D to customers in one of the big investments it has done to drive growth.

The pace of changes happening in India are in a different gear than what Schneider Electric see in other mature economies. Digital India (digitisation), Smart Cities, renewable energy, Make in India, Skill India, Startup India, are the new themes which are creating new energies across the Indian populace. These changing scenarios have an impact on Schneider Electric’s business and it is keen to take advantage of this positive trend. In order to be aligned with these fast evolving environment, the company is betting on lean agile methodologies and open innovation. It is eager to collaborate with ecosystem partners and startups to quickly solve customer problems by bringing in new technologies to the market first. In addition, India has signed up for COP21 agreement, wherein India will generate 100GW of solar energy by 2022 with 40GW in energy storage capabilities. Access to energy and sustainable growth is the theme of its business and it provides end-to-end energy management solutions.