Schneider Electric approves ₹291.2 crore capex for Kolkata expansion
pre-market1 source ↓written by the desknot a recommendation
- capital expenditure
- ₹291.2 crore
- annually
- 180,000 to 250,000 units
- increased capex
- ₹138 crore
- will drive aggressive
- ₹184 crore
In a strategic move, Schneider Electric Infrastructure has approved an enhanced ₹291.2 crore capital expenditure for its Kolkata Medium Voltage Components facility. This investment aims to boost production capacity from 180,000 to 250,000 units annually, significantly enhancing its manufacturing footprint and export potential.
The increased capex from ₹138 crore to ₹184 crore will drive aggressive capacity enhancements, reflecting the company's commitment to expanding its domestic operations and meeting rising demand.
Not investment advice. For informational purposes only.