Wednesday, June 18, 2025
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Investment

Investment: Lauritz Knudsen to spend Rs.850cr to be part of growth trajectory

Fiinews by Fiinews
June 1, 2024
in Investment
Reading Time: 3 mins read
A A
0
Lauritz Knudsen

Branding Lauritz Knudsen.

0
SHARES
20
VIEWS
LinkedinShare on Twitter

0:00

Herweck prioritizes innovation and excellence at Lauritz Knudsen

Newly branded Lauritz Knudsen aims to strategically invest approximately Rs.850 crores over the next three years, further establishing its role as a significant player in India’s rapid growth trajectory in the electrical sector pivotal role in driving innovation while enhancing global competitiveness http://sbi.co.in .

Peter Herweck, Chief Executive Officer at Schneider Electric, underscored, “Lauritz Knudsen’s vision prioritizes innovation and excellence, aligning closely with India’s growth story. Lauritz Knudsen https://www.lk.dk/ .”

Former L&T Switchgear (L&T Electrical and Automation), one of India’s leading electrical and automation brands and a pioneer in energy management, was baptised ‘Lauritz Knudsen Electrical and Automation’ on 30 May https://www.ibef.org/ .

Taking the 70+ years legacy of the L&T Switchgear brand forward with an even stronger customer focus, Lauritz Knudsen is poised to fortify its core LV and MV Business while continuing to build capabilities in areas like the new energy landscape encompassing renewables power generation and e-mobility solutions, serving varied segments including Infrastructure, Industries, buildings, homes, and agriculture https://www.investindia.gov.in/ .

In 2020, L&T Switchgear became a part of the Schneider Electric Group http://se.com following L&T’s Strategic Divestment of its Electrical and Automation (L&T E&A) business. L&T Switchgear will now be known as Lauritz Knudsen.

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 https://attentionindia.com/ .

This will accelerate the brand’s mission to drive innovation and excellence in the electrical domain, addressing the needs of India and global markets https://www.makeinindia.com/home/ .

“As we embrace the ‘Two Brands Two Sales’ strategy in India with Schneider Electric & Lauritz Knudsen brands, our aim will be to make an even stronger contribution in the transformative journey of India by offering unparalleled choices for our customers,” elaborated Deepak Sharma, Zone President – Greater India, MD & CEO of Schneider Electric India. “We will continue to Listen, Partner, and Innovate for a Viksit Bharat.”

Lauritz Knudsen boasts a robust manufacturing footprint spanning 2.1 million square feet of state-of-the-art factories, coupled with a nationwide presence encompassing 33+ offices across 500+ cities. As one of India’s largest electrical players, it 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. Lauritz Knudsen’s solutions power major marquee projects & infrastructure of the country including Power Plants, Refineries, Water and waste water management, Airports, Metro, Offices, Stadiums, Universities, Hospitals & more. Fiinews.com

Tags: Lauritz KnudsenSchneider Electric
ShareTweetShare

Related Posts

Makemytrip
Investment

Invest: MakeMyTrip offers 14m shares

by Fiinews
June 17, 2025
0
16

Proceeds to repurchase portion of Trip.com shares MakeMyTrip Ltd (NASDAQ: MMYT) has announced the commencement of a proposed primary offering...

PIB
Investment

Invest: PM welcomed Cyprus FDI in Indian economy

by Fiinews
June 17, 2025
0
13

Limassol roundtable held with Cyprus-India businesses Prime Minister Narendra Modi sees Cyprus as a significant economic partner for India, particularly...

IREDA

Invest: IREDA raises Rs.2,005.9cr of Green Finance

June 13, 2025
17
Swissmem Academy

Invest: Swiss businesses invited to India

June 12, 2025
15
Gc Niif

Invest: NIIF GC appreciates ADIA-Temasek

June 11, 2025
14
Whatsapp Image 2025 06 17 At 11.55.16

Invest: Quantel-Sincere work on US-India clients

June 18, 2025
24
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0
  • Investments: Foreign investors see India as long-term destination for fund placings

    0 shares
    Share 0 Tweet 0
  • Markets: Blue Dart maintains positive outlook on India

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Market: KredX-SBI work on finance network
  • Market: ASISA expands Iberia business with HCLTech
  • Market: Schneider leverages on residential growth
  • Tender: Progress of ndustrial nodes assessed
  • Tender: Bharti plans $2bn Global Business District

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.