In the next two years, Schneider Electric, a European energy management business, aims to invest 1,400 crore to construct five new plants. The company currently operates 30 facilities in India, which is its third-largest market and the country with the most talent, with 34,500 workers. “India is integral to Schneider Electric’s progressive strategy, and the role of this hub will only grow manifold in the coming years,” said Jean-Pascal Tricoire, chairman and CEO, Schneider Electric. “Since last two years, people are really looking at the level of CO2 emissions and 80% of the CO2 emissions come from energy. We help small, medium, and large companies to go through their entire decarbonisation journey by helping them on the strategic front as well as digital with a lot of software and data,” Olivier Blum, executive vice president, Energy Management Business, Schneider Electric, said.

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