Schneider Electric develops connected technologies and solutions to manage energy and process in ways that are safe, reliable, efficient and sustainable. The Group invests in R&D in order to sustain innovation and differentiation, with a strong commitment to sustainable development.
In an exclusive chat with Mr. Anil Chaudhry, India’s current Country President and Managing Director of Schneider Electric India, we discuss about the current initiatives and the future endeavors at Schneider Electric India. This Interview is sure to give you a whole new perspective and insight into one of the most decorated Energy Providers in the world.
Elaborate on Schneider Electric India Private Limited and the services provided by you.
At Schneider Electric (SE) our goal is to ensure ‘Life Is On’ for everyone, everywhere, at every moment. We do so by delivering connected energy and efficiency solutions in more than 100 countries. In India, we offer our services and solutions through Schneider Electric India Pvt. Ltd. (SEI). We innovate to promote sustainable development. More than 20 million people have benefited from the Company’s Access-to-Energy offers via our diverse products and services in Energy and Automation.
The Company’s mission is to serve customers by developing innovative products and solutions that help simplify the lives of users. We harness the power and promise of the Internet of Things (IoT) to reshape cities, improve industries, and enrich lives. Schneider Electric technologies transform the places where people live, work, and play. To Schneider Electric, ‘Life Is On’ when it is energised, efficient, and connected. By driving energy efficiency across the markets, SE helps in solving the energy paradox: curbing global energy demand while simultaneously closing the energy gap throughout rural communities.
Brief us about the CEO/Founder of Schneider Electric India Private Limited.
Schneider Electric, was founded in 1836 by Eugène Schneider. Schneider Electric’s present CEO and Chairman & CEO is Jean-Pascal Tricoire.
Schneider Electric India does not have any founder since it is the Indian arm of Schneider Electric, France. Anil Chaudhry is Schneider Electric India’s current Country President and Managing Director.
What benefits are your clients receiving from the company in the competitive world of Industry?
As one of the leading global specialists in energy management and automation, we support our clients via a diverse range of products and services, promoting innovative solutions that help drive sustainable development in India and worldwide. Schneider Electric has multiple products that are bringing together energy, automation, and software, thereby imparting an edge to clients in today’s ultra-competitive industry scenario. The EcoStruxure offering our IOT enable offering leverages cutting edge technology to address industry challenges across energy, industry, buildings and datacenters.
Besides, Schneider Electric’s innovations revolve around the core values of safety, reliability, efficiency, sustainability, and connectivity. These factors can provide a winning advantage for customers.
What kind of industrial as well as regulatory level challenges do you face today?
India is well on the way of making it easy to be an innovative business in India given policy directions like GST which makes taxes uniform and recent policies which allow for standards and easier access to energy across the board.
What kind of ‘out-of-the-box’ strategies is Schneider Electric India providing for differing from the competitors?
Digitisation is changing the way individuals relate to each other and the way businesses work. Keeping this and some other mega trends in mind Schneider Electric is creating solutions for energy management which are helping businesses and end customers and keeping Life on! Some of the recent developments at Schneider Electric’s end include:
- System View: Our products are always part of a modular system: electrical, mechanical, digital. The sum of the parts always works better together from a customer application perspective.
- Digital: We work with our full ecosystem to ensure all Schneider Electric products are connected with open protocols and cybersecurity integral to the design. In this endeavor, we have developed an innovative technology-EcoStruxure, an architecture and platform that enables the ability to create an interoperable and open platform which is IoT enabled.
- Simple & Easy: Simplicity and ergonomic design are mandatory in all our offers that are intuitive and easy to design, commission, install, operate, and service.
How do you see the current state of industries?
The meteoric rise of Artificial Intelligence and Big Data Analytics, among other trends, has increased the competitiveness of most companies and domains. This will drive greater disruptions in various industries. While this may be good for customers, who will benefit from the additional choices and offers, it will exert pressure on bottom-lines and trigger more consolidation among companies.
Where is your company going? What excites you more about the future?
As countries increase efforts in lowering carbon footprints and meeting SDGs (Sustainable Development Goals), companies would be forced to follow suit. Additionally, the rise of Smart Manufacturing and AI denote an energy management and automation major such as SE is set to attract more attention and business globally. Also, digital transformation is a key area of focus for us. Schneider Electric has developed innovative technology such as EcoStruxure which involves innovation at every level including-IT, buildings, grid, power, machines etc. It is an interoperable and open platform which is IoT enabled which improves operational profitability in a measurable, safe and sustainable way.
Already, Schneider Electric’s positive impact has been honoured externally by global recognitions. We are proud to be among the top 25 companies in Fortune magazine’s Change the World ranking; an Industry leader in the Dow Jones Sustainability Index; and be of the CDP Climate A list for the sixth consecutive year, to name a few.
Clearly, our Company is heading in the right direction. With the NDA Government’s plan for building 100 Smart Cities and in meeting its climate change SDGs by 2030, we believe Schneider Electric is poised on the cusp of an exciting future where business opportunities would abound in varied geographies.