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Schneider Electric to build PCB plant in Karnataka

Infrastructure  -  Dec 12,2024  - 

Schneider Electric has announced plans to a new Printed Circuit Boards (PCB) manufacturing facility, which will add 5,000 employment opportunities in the coming years.

The announcement was made during a meeting in Paris between Karnataka Industries Minister MB Patil and Schneider Electric executives, as part of the global roadshow for Invest Karnataka 2025.

MB Patil led a high-level delegation to France as part of the global roadshow. The visit aimed to strengthen economic partnerships, highlight Karnataka’s investment potential and invite global stakeholders to the state’s flagship investor summit.

In a meeting with Schneider Electric, held at the Indian Embassy in Paris, Bruno Turchet, Vice President - Global Supply Chain Strategy Deployment, discussed the company’s investment plans for Karnataka. Schneider Electric emphasised the strategic importance of Bengaluru, where it currently employs 11,000 people. The discussions also focused on increasing the localisation of supply chains, while it looks to enhance the availability of electromechanical engineers.

The Minister reiterated the state government's commitment to supporting its expansion and invited its global leadership team to the upcoming Global Investors Meet.

The delegation engaged in discussions with Forvia, a global automotive supplier, where senior executives discussed the company’s global operations and significant presence in Karnataka.

Company : Schneider Electric

Forvia