Schneider Electric Announces Major Rs 623 Crore Investment in Hyderabad Manufacturing Facilities
In a significant development for India's industrial landscape, Schneider Electric India has revealed plans to invest Rs 623 crore to expand its manufacturing operations in Hyderabad. The announcement came following a high-level meeting between company executives and the Telangana government delegation at the World Economic Forum 2026 in Davos.
Strategic Expansion at Gagillapur and Shamshabad Plants
Company officials confirmed that the substantial investment will be directed toward scaling up manufacturing capacity at two key facilities located in Gagillapur and Shamshabad. Deepak Sharma, CEO of Schneider Electric India, outlined the strategic importance of this expansion during discussions with the 'Telangana Rising' delegation led by Chief Minister A Revanth Reddy.
The expansion initiative will focus on enhancing production capabilities for critical electrical safety products, including air circuit breakers, moulded case circuit breakers, contactors, and push buttons. This move is expected to significantly boost local manufacturing capabilities while strengthening the supply chain for industrial and infrastructure projects across the region.
Alignment with Telangana's Sustainability Vision
Chief Minister Revanth Reddy emphasized that sustainability forms a central pillar of Telangana's development strategy. He noted that Schneider Electric's investment aligns perfectly with the state's ambitious Net-Zero target set for 2047. The discussions between state officials and company representatives explored multiple avenues for collaboration in energy transition and storage solutions.
Key areas of potential partnership include:
- Grid modernisation initiatives
- Energy efficiency programs
- Digital power management systems for industrial parks
- Urban infrastructure development
Telangana's Emergence as Electronics Manufacturing Hub
The Telangana delegation highlighted the state's remarkable growth as a premier electronics manufacturing destination in India. During the Davos meeting, both parties discussed exciting opportunities for expanding smart-factory capabilities, advanced energy management systems, industrial automation technologies, and electric vehicle-related components manufacturing.
Sharma also revealed that Schneider Electric currently operates 38 skill development centres across Telangana, demonstrating the company's long-term commitment to workforce development and technical training in the region. This educational infrastructure supports the broader industrial ecosystem while creating employment opportunities for local communities.
Broader Economic Implications
This substantial investment represents more than just a manufacturing expansion—it signals growing confidence in Telangana's business environment and infrastructure capabilities. The move is expected to:
- Create significant employment opportunities in the manufacturing sector
- Strengthen India's position in electrical equipment production
- Support the country's infrastructure development goals
- Accelerate adoption of sustainable energy solutions
The World Economic Forum platform provided an ideal setting for this announcement, showcasing how global corporations are increasingly viewing Indian states like Telangana as attractive destinations for strategic investments in advanced manufacturing and sustainable technologies.