On a base of 1.5 gigawatts of installed capacity and a national plan to reach six to eight, the French infrastructure group sees its India unit becoming its single biggest business within five years.
Schneider Electric expects its India data-centre business to grow faster than the rest of the company, and faster than the core electrification and automation businesses that have driven its results everywhere else.
Deepak Sharma, the group’s managing director and zone president for Greater India, told Reuters on Monday that the unit could become Schneider’s single largest business within three to five years, on the back of the country’s planned scale-up from roughly 1.5 gigawatts of installed data-centre capacity to between six and eight.
The framing is consistent with what Sharma told Indian outlets earlier this spring. In an exclusive interview with BusinessToday in April, he described the opportunity as “exponential”, noting that data centres are not yet Schneider’s biggest line of business in India but that generation, data centres, and homes look set to lead the next growth cycle.
Globally, roughly 30% of Schneider’s revenue, which the company reports at about €40bn a year, already comes from data centres.
