Schneider Electric on Wednesday has opened a new factory in Bengaluru. In a statement, the global energy management and automation company said the new unit will employ around 700 people.
“Schneider Electric announces the launch of its factory in Bengaluru for manufacture of industrial uninterpretable power supply (UPS) systems and variable speed drives that regulate the rotation speed of an electric motor. This is Schneider’s second such ‘Smart’ factory in India,” it said.
Mourad Tamoud, Executive Vice President, Global Supply Chain, Schneider Electric said, “Schneider Electric is committed to developing more than 100 Smart Factories by 2020, globally, and the Bengaluru Smart Factory, which manufacturers IT products, is one of our key smart facilities in this region.”
Earlier this month, Schneider Electric commissioned its first Smart Distribution Center in India. In a statement, the company said, “Early results from this digitisation initiative are showing expected energy savings of 10 to 12 per cent and an increase in logistics efficiency of 5 cent at the site.”
The facility in Mumbai is the first of Schneider Electric’s showcase Smart Distribution Centers that has been set up as a third-party logistics site, in this instance in association with global logistics giant, DHL.
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