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Schneider Electric Invests $1.7 Million in battery laboratory in Bengaluru

Wednesday, 22 November 2023, 17:46 IST
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Schneider Electric, a prominent energy and automation solutions provider, revealed the launch of a battery laboratory in Bengaluru, investing $1.7 million (roughly Rs 14 crore). This newly opened facility is specifically dedicated to advancing research and development (R&D) efforts centered on battery technologies. Its primary goal is to play a part in fostering sustainable energy solutions.

The facility boasts state-of-the-art diagnostic tools, modern safety systems, and specialized testing chambers, all meticulously designed to ensure batteries' peak performance and strict compliance with safety protocols, as per the company's official statement. Schneider Electric India, a subsidiary of the French company Schneider Electric, spearheaded this strategic investment.

Schneider Electric's battery laboratory in Bengaluru marks a significant stride in its dedication to advancing sustainable energy solutions. By concentrating on battery technology R&D, the company aims to be a key influencer in shaping how energy storage and consumption evolve. The statement emphasized that Schneider Electric operates 30 factories in India, including five smart factories strategically situated in Hyderabad, Bengaluru, and Chennai. This network of factories underscores the company's commitment to manufacturing excellence and innovation within the nation.

Amid the global surge in demand for sustainable energy solutions, Schneider Electric's investments in R&D, exemplified by the newly established battery lab, position it as a pivotal force in propelling technological progress toward a more sustainable and energy-efficient future. The company's dedication to innovation aligns with the broader industry's endeavors to tackle climate change challenges and promote cleaner energy alternatives.