Schneider Electric has performed ground breaking ceremony of its upcoming state-of-the-art Smart Factory at GMR Industrial Park in Hyderabad, Telangana.
Spread over 18 acre, the upcoming unit will be the company’s second factory in Telangana.
The new facility will be developed in two phases. Phase-I with two lakh sq ft facility area is expected to be completed in September 2023.
The company will make an investment of over Rs 300 crore. The project will create additional 1,000 jobs.
The upcoming smart factory will harness the power of Industry 4.0 technologies. This new facility will have 75 percent export volume capacity.