Schneider expects to complete L&T’s electric unit acquisition by early 2020
The acquisition will catapult India just behind the US and France in Schneider’s business size from the current fifth or sixth position.Schneider has a ‘very strong commitment’ to India which it sees as the future growth engine of the world, says Anil Chaudhry:
NEW DELHI :
Schneider Electric expects to complete the 14,000 crore acquisition of Larsen & Toubro's electrical and automation business by early 2020, its India head Anil Chaudhry said on Wednesday.
In May last year, Schneider Electric, a global player ...
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