Schneider Electric to Set Up PCB Manufacturing Plant in Karnataka.

Karnataka Industries Minister M.B. Patil, leading a high-level delegation in France as part of the global roadshow for Invest Karnataka 2025, announced significant progress in strengthening economic ties and attracting investments.

Global energy management leader Schneider Electric revealed its plans to establish a Printed Circuit Boards (PCB) manufacturing facility in Karnataka, which will create 5,000 additional jobs over the coming years. This announcement came during a meeting at the Indian Embassy in Paris, where Bruno Turchet, Vice President - Global Supply Chain Strategy Deployment at Schneider Electric, highlighted Bengaluru’s strategic importance. Currently employing 11,000 people in the city, the company discussed increasing localization of supply chains and enhancing the availability of electromechanical engineering talent.

The Industries Minister assured full support for Schneider Electric’s expansion and invited its global leadership to the upcoming Global Investors Meet.

In another engagement, the delegation met with senior executives from Forvia, a global automotive supplier with a strong presence in Karnataka. Forvia expressed enthusiasm for further expansion in the state, citing its favorable business environment. The minister extended an invitation to Forvia to participate in Invest Karnataka 2025 and pledged continued support for their operations.

The Karnataka delegation also held discussions with MEDEF, France’s largest business confederation representing over 200,000 companies. At MEDEF’s Paris headquarters, the delegation emphasized Karnataka’s strengths in innovation, R&D, aerospace, defense, and its robust talent pool. MEDEF expressed interest in broadcasting Karnataka’s investment opportunities to its member companies and collaborating on future ventures.

The roadshow in France underscored Karnataka’s proactive approach to fostering global partnerships and cemented its reputation as a premier destination for innovation and industry. The engagements set the stage for meaningful participation in the state’s flagship Invest Karnataka 2025 summit.

HBL