WEF 2026: Schneider Electric explores expansion of Hyderabad facilities with an investment of Rs 623 crore
Davos, January 22
The Chief Minister Revanth Reddy-led 'Telangana Rising' delegation secured another investment during the annual meeting of the World Economic Forum 2026 in Davos, Switzerland. The delegation met Deepak Sharma, the CEO of Schneider Electric India.
According to Telangana CMO, Schneider Electric India will invest Rs. 623 Cr. to expand their existing Gagillapur and Shamshabad facilities in Telangana, enhancing capacity for electrical safety products such as Air Circuit Breakers (ACB), Molded Case Circuit Breakers (MCCB), contactors, and push buttons.
Telangana CMO said that the meeting also focused on energy transition and storage projects, with collaboration on grid modernisation, energy efficiency, and digital power management for industrial parks and urban infrastructure.
The state Chief Minister expressed delight that Minister for IT & Industries D. Sridhar Babu secured the investment for the state. He said sustainability is a central pillar to Telangana's pursuit of a Net- Zero development target by 2047.
According to Telangana CMO, the Minister said Telangana has emerged as one of India's fastest-growing electronics manufacturing hubs, covering consumer electronics, telecom hardware, industrial electronics and advanced electronics systems. Further, the delegation discussed expanding smart-factory and manufacturing capacity in Telangana for energy management, automation, and EV-related components.
Sharma said Schneider has as many as 38 skilling centres in Telangana. Schneider specialises in energy management, industrial automation, and digital transformation solutions.
— ANI
Reader Comments
As someone working in the renewable energy sector, I'm particularly excited about the focus on energy transition and grid modernisation. This is exactly the kind of investment India needs to meet its net-zero targets. Smart factories and EV components are the future.
Rs 623 crore is a significant commitment. It shows confidence in Telangana's industrial policy and workforce. The mention of 38 skilling centres is crucial - we need more such initiatives to bridge the skill gap and ensure our youth are ready for these high-tech manufacturing jobs. Bahut accha!
While this is positive, I hope the government ensures that the benefits reach the local communities and not just remain on paper. There should be transparency in how many jobs are created and what kind of environmental safeguards are in place for the expansion. Development must be sustainable in the true sense.
Manufacturing electrical safety products here is a big deal. It reduces our import dependency and strengthens the 'Make in India' initiative. Hope other states learn from Telangana's proactive approach at forums like WEF. More power to our ministers bringing investments home!
The focus on digital power management for urban infrastructure is key. As our cities grow, we need smart energy solutions to prevent outages and manage demand efficiently. This collaboration could set a benchmark for other Indian cities. Good step forward.
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