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Schneider Electric to set up manufacturing unit in GHIAL

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Schneider Electric to set up manufacturing unit in GHIAL

July 25
16:47 2022

GMR Hyderabad Aviation SEZ Ltd (GHASL), a 100% subsidiary of GMR Hyderabad International Airport Ltd (GHIAL)., and Schneider Electric, the leader in the digital transformation of energy management and automation, recently entered into an agreement to build and lease a state-of-the-art manufacturing facility at GMR Industrial Park in Hyderabad, it was announced on Thursday.

GHASL will now build a facility on 18 acres of land and lease it to Schneider Electric, in a non-SEZ area in two phases. Spread over two lakh square feet in the first phase, the manufacturing facility will be handed over for operations by June 2023 and it will be expanded by an additional 1.75 lakh square feet in the second phase, informed an official spokesperson. 

GMR Industrial Park’, by virtue of being housed within Hyderabad International Airport, enjoys greater security, uninterrupted supply of utilities like power and water and a reliable IT backbone. The airport ecosystem has five-star hotel, medical facilities, rental accommodation, reliable and affordable transport etc., besides other advantages. It also houses the country’s first and only airport based Free Trade Warehousing Zone (FTWZ) on 20 acres within the SEZ. It is well connected by air, road and rail, including robust connectivity to seaports. It also has access to an operational runway for final assembly line and testing requirements of planes, UAVs and helicopters, the spokesperson said.

“With more global industrial players looking at India to set up their manufacturing facilities, this partnership will further contribute to Make-in-India and attract more players to leverage our facilities and capabilities within the GMR Hyderabad AeroCity,” said Airport Land Development CEO Aman Kapoor

Schneider Electric’s senior vice president, global supply chain, international region, Javed Ahmad, said Hyderabad Airport Industrial Park is a world-class facility and hoped the upcoming facility will become a benchmark for both GMR and Schneider Electric globally, the press release said.

About Schneider Electric

Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.

Our mission is to be your digital partner for Sustainability and Efficiency.

We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.

We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values

Media Contact
Company Name: ABC Private Limited
Contact Person: Media Relations
Email: Send Email
Phone: 8745857610
Country: India
Website: https://www.se.com/in/en/

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