Anjali Sharma
GG News Bureau
NEW YORK, 1st June. L&T Switchgear (L&T Electrical and Automation), the company on Friday announced that it will invest Rs 850 crore over the next 3 years to establish its role as a significant player in India’s rapid growth trajectory in the electrical sector.
L&T Switchgear (L&T Electrical and Automation), India’s leading electrical and automation brands and a pioneer in energy management, and renamed as Lauritz Knudsen, is aligned closely with India’s growth story guided by the vision of Prime Minister Narendra Modi.
The company will strategically uphold its core values and unwavering dedication to ‘Viksit Bharat’ and continue to conceptualize, design, and make in India, for India and for the globe.
It offers low-voltage switchgear, medium-voltage switchgear, automation solutions, software, and services catering to diverse segments, including homes, agriculture, buildings, infrastructure, and industry.
The company remains committed to nurturing talent and fostering skill development.
It has trained over 400,000 professionals through its six strategically located training centers in Pune, Delhi, Vadodara, Lucknow, Coonoor, and Kolkata.
In 2020, L&T Switchgear became a part of the Schneider Electric Group following L&T’s strategic divestment of its Electrical and Automation business.
L&T Switchgear is known as Lauritz Knudsen.
Peter Herweck, Chief Executive Officer at Schneider Electric said “Lauritz Knudsen’s vision prioritizes innovation and excellence, aligning closely with India’s growth story.”
Deepak Sharma, Zone President Greater India, MD and CEO of Schneider Electric India said “We will continue to innovate for a Viksit Bharat.”
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