Lauritz Knudsen To Invest Rs 850 Crore In 3 Years

Lauritz Knudsen To Invest Rs 850 Crore In 3 Years

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Chetan Bhutani
  • Updated May 31, 2024 7:09 PM IST

 

Schneider Electric Group on Wednesday said that it will invest ₹850 crore by 2026 in Lauritz Knudsen, earlier known as L&T Switchgear. A new brand identity, Lauritz Knudsen Electrical and Automation, was also unveiled. Lauritz Knudsen offers low-voltage (LV) switchgear, medium-voltage (MV) switchgear, automation solutions, software and services catering to diverse segments. BTTV's Chetan Bhutani spoke to the MD & CEO of Schneider Electric. Listen in.

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