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Schneider Group's Lauritz Knudsen to invest Rs 850 cr in three years

Thursday, 30 May 2024
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Lauritz Knudsen, owned by Schneider Electric Group, aims to invest approx. Rs 850 crore over the next three years to position itself as a significant player in the electrical sector. In 2020, Schneider Electric had acquired L&T Switchgear, Larsen & Toubro’s electrical and automation business and as part of a rebranding exercise, L&T Switchgear will now be known as Lauritz Knudsen.

Lauritz Knudsen plans to strengthen its core low and medium voltage business, even as it will build capabilities in the new energy domain encompassing renewable power generation and e-mobility solutions, serving varied segments including infrastructure, industries, buildings, homes, and agriculture. Lauritz Knudsen's vision prioritises innovation and excellence, offering varied choices to its customers. This will accelerate the brand’s mission to drive innovation, addressing the needs of India and globally.

Lauritz Knudsen, formerly L&T Switchgear, boasts a robust manufacturing footprint spanning 2.1 million sq. ft. of factories, coupled with a nationwide presence encompassing over 33 offices across 500 cities. It has trained over 4,00,000 professionals through its six strategically located training centres in Pune, Delhi, Vadodara, Lucknow, Coonoor, and Kolkata.

Lauritz Knudsen's solutions are utilised for major projects including power plants, refineries, water and wastewater management, offices, stadiums, and hospitals.

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