Schneider Electric India Wins Frost & Sullivan’s Indian Company of the Year Award for 2024!

Schneider Electric India Pvt Ltd (SEIPL) has been honored with the prestigious Indian Company of the Year 2024 Award by Frost & Sullivan. This recognition underscores Schneider Electric’s unwavering commitment to innovation, sustainability, and leadership in the metering industry.

With over six decades of experience, Schneider Electric India has become a leader in energy management and automation. The company operates 31 manufacturing facilities across India, five of which are smart factories, and employs over 39,000 professionals serving 500+ cities. This expansive footprint highlights its robust presence in sectors like buildings, industries, data centers, infrastructure, and homes.

Schneider Electric has emerged as a market leader in the advanced metering infrastructure (AMI) segment. Its smart metering solutions leverage cutting-edge technologies to:

• Enable real-time data transmission.
• Minimize manual interventions.
• Optimize grid management.
• Enhance billing accuracy and operational efficiency.
• Promote energy conservation and cost savings.

Iqra Azam, Best Practices Research Analyst at Frost & Sullivan, praised Schneider Electric’s leadership, stating:
“Schneider Electric harmonizes economic and sustainability goals, setting a benchmark in the industry.”

Deepak Sharma, Zone President, Greater India, and MD & CEO of Schneider Electric India, shared his pride in the recognition:
“This award reflects our relentless focus on scalable, cost-effective, and sustainable solutions. Our emphasis on R&D, innovation, and localizing components ensures we meet evolving market demands.”

Schneider Electric India continues to prioritize the localization of electricity meters, fostering domestic economic growth and delivering value to customers. Its Mysuru smart metering plant exemplifies this commitment, further strengthening its leadership in the metering industry.

Neha Tatikota, Energy & Environment Industry Analyst at Frost & Sullivan, emphasized:
“Schneider Electric’s initiatives align seamlessly with the Indian government’s vision for a greener future, showcasing their dedication to sustainability and customer satisfaction.”

The Frost & Sullivan Company of the Year Award recognizes organizations excelling in growth strategies, innovation, and customer value creation. Schneider Electric’s focus on technological advancements and sustainable practices cements its role as a leader in industrial technology and innovation.

Guided by the motto “Life Is On”, Schneider Electric empowers its customers to maximize energy and resource efficiency. By integrating AI-enabled Industrial IoT solutions, connected products, and automation systems, the company drives digital transformation, enabling sustainable growth and operational excellence across industries.

Schneider Electric’s recognition by Frost & Sullivan highlights its transformative role in shaping the future of energy and automation while fostering progress toward a sustainable future.