L&T Switchgear, an electrical and automation solution services provider, unveiled its new brand identity, and officially it will now be known as Lauritz Knudsen.

This comes after the company became a part of the Schneider Electric Group following L&T’s strategic divestment of its electrical and automation business back in 2020.

As part of its new unveiling, it announced plans to invest Rs 850 crore over the next three years through 2026. These new investments will go into manufacturing and for fresh R&D and innovation.

Peter Herweck, Chief Executive Officer at Schneider Electric, said, “Lauritz Knudsen’s vision prioritizes innovation and excellence, aligning closely with India’s growth story.”

“Lauritz Knudsen aims to strategically invest approximately Rs 850 crore over the next three years, further establishing its role as a significant player in India’s rapid growth trajectory in the electrical sector,” he added.