Lauritz Knudsen To Invest Rs 850 Crore In 3 Years

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.