Bin Lu says India is Schneider Electric's 3rd-largest market
Business
India is the third-largest market for Schneider Electric from sales, revenue, and contribution standpoint.
The news came from Bin Lu, Executive Vice President - Power Products Division, Schneider Electric, at the Innovation Summit 2026 in New Delhi, which was all about powering a digital and sustainable India.
Schneider Electric expands R&D in Bengaluru
Schneider Electric has invested heavily in India, especially in research and development, with Bengaluru now its largest global engineering hub.
Thanks to a booming data center scene (think AI-powered facilities), energy needs are rising fast.
Schneider has introduced technologies and solutions that will help the data center industry scale sustainably.