Schneider Electric India Wins Frost & Sullivan's 2024 Indian Company of the Year Award
Following an in-depth analysis of the metering industry, Frost & Sullivan has awarded Schneider Electric India Pvt. Ltd., the Indian subsidiary of Schneider Electric, with the 2024 Indian Company of the Year Award.
December 30, 2024. By Abha Rustagi
A recognised name in India’s metering industry, Schneider Electric India draws on over 60 years of expertise and thought leadership in industrial sustainability, universal and software-centric automation, data privacy, and security. Serving various sectors, including buildings, infrastructure, industries, data centers, and homes, the company demonstrates its solutions’ scalability, scope, and applicability. It has an Indian footprint with 31 factories (including five smart factories) and more than 39,000 employees serving customers in over 500 cities.
Schneider Electric's advanced smart metering devices, equipped with cutting-edge technologies, empower both utilities and consumers. By enabling real-time data transmission and eliminating manual meter readings, these solutions optimise grid management, enhance billing accuracy, and drive operational efficiency—all while empowering consumers to monitor and control their energy consumption, contributing to sustainability and cost savings.
Iqra Azam, best practices research analyst at Frost & Sullivan, observed, "Schneider Electric’s rich history of accomplishments and best practices implementation demonstrates its focus on continuous growth, harmonizing with economic and social sustainability-focused initiatives and fortifying its market leadership."
Speaking on this recognition, Deepak Sharma, Zone President, Greater India, and MD & CEO of Schneider Electric India, said, "This recognition underscores our team’s dedication to delivering scalable, cost-effective, and sustainable solutions that set us apart in the smart metering industry. Our strong emphasis on research and development, innovation, and localizing components allows us to meet market demands and provide enhanced value to our customers. Our Mysuru smart metering plant further reinforces our commitment to delivering on this promise."
The company is strengthening its leadership position in the metering market by actively increasing the localisation component of its electricity meters sold in India, providing customers greater value and supporting local economies. By adopting a transparent business approach, Schneider Electric India is building strong, long-lasting customer relationships, providing a clear understanding of its value proposition from the outset.
please contact: contact@energetica-india.net.
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