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Schneider Electric Infrastructure gets nod to enhance production capacity

08 Sep 2022 Evaluate

Schneider Electric Infrastructure (SEIL) has received an approval for enhancing the production capacity of Vacuum Interrupters & Vacuum Circuit Breakers by setting up a manufacturing unit in Kolkata, subject to requisite approvals, as may be required. The Board of Directors of the company at their meeting held on September 6, 2022, have considered and approved the same.

The Existing Capacity of the company is 80k MV Vacuum Interrupters. The rationale behind enhancing the production capacity is for meeting domestic demand as well as increase export to Schneider Electric global entities to accelerate Make in India for Global, aligned with Atmanirbhar Bharat initiative of the Government of India.

SEIL is engaged in the business of manufacturing, designing, building and servicing technologically advanced products and systems for electricity network.

Peers
Company Name CMP
Waaree Energies 2342.90
Apar Industries 17648.65
Havells India 1040.60
Suzlon Energy 38.96
Siemens 3790.00
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