Its areas of operation offer long-term growth visibility
A potential transaction could value the whole venture at roughly $5 billion including debt
Herweck has been replaced over disagreements with the board regarding the strategic direction. Blum, the new CEO, 54, has been part of the Executive Committee since 2014 and with Schneider for more than 30 years.
The Singapore state investment company has been discussing options including a sale of its minority stake in the joint venture to Schneider or another party
Schneider Electric has 30 active factories in India. Among these, five smart factories are located at Hyderabad, Bengaluru, and Chennai
Luminous Power, now completely owned by French engineering company Schneider Electric, has plans to invest around Rs 2,000 crore in capacity expansion of its existing plants, a solar greenfield project, research and development (R&D), digitisation, brand building and channel engagements.
Windows Azure expands Schneider Electric's ability to rapidly deploy public, private and hybrid cloud solutions.
Marking 50 years of its presence in India, Schneider Electric, the global energy management expert, announced its new India brand campaign "50for50".
The datacentre infrastructure management software solution provides server access without the need for additional hardware.
The 3rd Edition Manufacturing IT Summit 2013 in collaboration with Bombay Chamber of Commerce & Industry, Manufacturers Association for Information Technology & Association for Information Technology will be taking place on May 17th 2013 at the JW Marriott Hotel in Mumbai.