Schneider Electric Infrastructure approves ₹291.2 crore capex for Kolkata plant
after close1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹291.2 crore
- per annum
- 180,000 to 250,000 units
In a strategic move, Schneider Electric Infrastructure Limited's board approved an enhanced ₹291.2 crore capital expenditure for its Kolkata plant expansion. This investment will increase production capacity of Medium Voltage Vacuum Interrupters from 180,000 to 250,000 units per annum, aiming to boost domestic manufacturing and exports significantly.
The expansion is expected to strengthen Schneider's competitive position in the market and may positively influence investor sentiment in the sector.
Not investment advice. For informational purposes only.