Schneider Electric hosted the Ground breaking Ceremony of its upcoming state-of-the-art Smart Factory at GMR Industrial Park in Hyderabad. The event was graced by the presence of KT Rama Rao, Hon’ble Minister of IT, Industries, Municipal Administration and Urban Development, Telangana, H.E. Mr Emmanuel Lenain, Ambassador of France to India, and Mr Jayesh Ranjan IAS, Principal Secretary to Govt. of Telangana, Industries and Commerce Department.
Spread over 18 acres, the upcoming unit will be the company’s second factory in Telangana, serving as a harbinger of growth while strengthening resilience in supply chain operations. The new facility will be developed in two phases. The first phase with 2 lakh sq. ft. facility area is expected to be completed in September 2023.
Minister KT Rama Rao at the ceremony, said, “The upcoming smart factory will greatly contribute to the state’s economy, which is bolstering its position as a leading investment hotbed. We believe this facility, apart from catering to the needs of the industry, will also magnify revenue generation opportunities and boost job creation.”
“The new upcoming state-of-the-art smart factory is testament to our commitment towards making Hyderabad a leading manufacturing hub in the country. We will be investing over INR 300 crores in this project, which will in turn create additional 1,000 jobs. We believe that as an industry leader, it 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 India for India and India for Globe strategy, manufacturing in India for local consumption and global exports to over 30 countries. This project is set to contribute to our ongoing efforts for Aatmanirbhar Bharat,” said, Anil Chaudhry, Zone President, India and CEO & MD Schneider Electric India Pvt. Ltd.