Schneider Electric Infrastructure Limited (NSE: SCHNEIDER) has announced an investment of ₹15.8 crore to enhance its manufacturing capacity of Ring Main Units (RMU). The decision, approved by the company’s Board of Directors on March 10, 2025, aims to increase production capacity by 25%, meeting the growing market demand for RMUs.
Currently, the company operates with an existing capacity of approximately 25,600 functions, with a utilization rate of around 90%. Following this expansion, the total capacity will rise to 32,000 functions by June 2026. The project will be financed through internal accruals and/or borrowings.
The announcement aligns with Schneider Electric Infrastructure’s strategy to cater to the rising demand in the power distribution sector. The company’s official statement confirms that this move will strengthen its position in the market and support future growth prospects.
The board meeting discussing this expansion commenced at 9:55 a.m. and concluded at 10:02 a.m. on March 10, 2025. Further details are available on the company’s official website.
Disclaimer: Stock market investments are subject to risks. This report is for informational purposes only and does not constitute financial advice.
