Schneider Electric Confident of Double-Digit Growth in India

French energy management company, Schneider Electric, is preparing to make India its export hub on the back of government’s policies such as Make in India, Digital India and Smart City Mission.  (Schneider owns the former American Power Conversion company  in the U.S. and still controls the APC brand).

Schneider Electric LogoThe company’s current focus is on building, infrastructure and industrial segments. It is also involved in India’s solar market both organically, as well as through acquisitions to diversify its growth vectors, reports moneycontrol.

In an interview with CNBC TV-18, Prith Banerjee, Chief Technology Officer of Schneider Electric said, “Digital India is extremely important and well aligned with our personal mission. Schneider has 4 priorities in terms of products and solutions and services and digitization. We want to make all our products digital. Many products we are building are going to be connected and a part of digital India initiative.”

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Posted on by Gunjan Bagla
Gunjan Bagla
California-based management consultant Gunjan Bagla runs Amritt, a consulting firm helping American companies to succeed in India. Amritt is the trusted advisor for India market research, India business development, India market entry, Global Engineering, Global Technology Scouting, India R&D and Open Innovation. Gunjan is author of "Business in 21st Century India: How to Profit Today from Tomorrow’s Most Exciting Market" (Hachette Book Group, 2008), Amazon's top rated title on the subject. He has appeared as the India Expert on BBC Television, Bloomberg TV, Fox Cable Business and has been quoted in the New York Times, the Los Angeles Times, the Hollywood Reporter and Business Week for his expertise on India.

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