Schneider Electric Invests $1.7 Million in Bengaluru Battery Lab for Sustainable Energy Solutions

• ByStartupStory     |    November 22, 2023

Schneider Electric, a leading provider of energy and automation solutions, announced on Tuesday the establishment of a battery lab in Bengaluru with an investment of $1.7 million (approximately Rs 14 crore). The newly inaugurated lab is dedicated to conducting research and development (R&D) work focused on battery technologies, aiming to contribute to the development of sustainable energy solutions.

The facility is equipped with advanced diagnostic equipment, modern safety systems, and specialized testing chambers. These features are designed to ensure the optimal performance of batteries and strict adherence to safety standards, according to a statement released by the company. Schneider Electric India, the subsidiary of the French firm Schneider Electric, is responsible for this strategic investment.

The battery lab in Bengaluru represents a significant step forward in Schneider Electric’s commitment to advancing sustainable energy solutions. By focusing on R&D in battery technologies, the company aims to play a pivotal role in shaping the future of energy storage and usage.

The statement highlighted that Schneider Electric has 30 factories in India, with five smart factories strategically located in Hyderabad, Bengaluru, and Chennai. This network of factories underscores the company’s dedication to manufacturing excellence and innovation within the country.

As the demand for sustainable energy solutions continues to grow globally, investments in R&D, such as the newly established battery lab, position Schneider Electric as a key player in driving technological advancements that contribute to a more sustainable and energy-efficient future. The company’s commitment to innovation aligns with the broader industry’s efforts to address the challenges of climate change and promote cleaner energy alternatives.

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