Schneider to Fully Own India JV

  Published 8 months ago

Schneider Electric to acquire remaining 35% stake in Indian JV from Temasek for €5.5 billion ($6.35 billion).

  • Deal strengthens Schneider’s presence in India, one of its fastest-growing markets globally across energy and automation.
  • The buyout gives Schneider full control of the joint venture, simplifying operations and decision-making.
  • Transaction highlights growing global interest in India’s industrial and infrastructure expansion opportunities.
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