Schneider to buy remaining 35% in India JV from Temasek

Schneider Electric will acquire the remaining 35% stake in Schneider Electric India from Temasek for €2.5 billion, gaining full ownership of its Indian operations. This move underscores India's strategic importance as a key domestic market, manufacturing hub, and R&D center for Schneider Electric. The acquisition aims to enhance decision-making speed and capitalize on India's growth potential.