Schneider Electric India Pvt Ltd (SEIPL), a leader in energy management and automation, has been honored with the Indian Company of the Year 2024 Award by Frost & Sullivan. This recognition follows an in-depth assessment of the metering industry and highlights SEIPL’s commitment to innovation and sustainability.
Schneider Electric India leverages over six decades of experience in industrial sustainability, software-driven automation, and data security. With a strong presence across sectors such as buildings, industries, data centers, infrastructure, and homes, the company has become a key player in the nation’s metering landscape. Its robust operations include 31 manufacturing facilities (five of which are smart factories) and a workforce of over 39,000 serving more than 500 cities.
Schneider Electric India has cemented its position as a market leader in the advanced metering infrastructure (AMI) segment. Its smart metering solutions, featuring advanced technologies, empower utilities and consumers by enabling real-time data transmission, reducing manual interventions, and optimizing grid management. These devices enhance billing accuracy and operational efficiency while promoting energy conservation and cost savings.
Iqra Azam, Best Practices Research Analyst at Frost & Sullivan, noted, “Schneider Electric’s legacy of innovation and dedication to growth underscores its market leadership. The company harmonizes economic and sustainability goals, setting a benchmark in the industry.”
Deepak Sharma, Zone President, Greater India, and MD & CEO of Schneider Electric India, expressed pride in the recognition: “This award reflects our relentless focus on providing scalable, cost-effective, and sustainable solutions. Our emphasis on R&D, innovation, and localizing components ensures we meet evolving market demands. Our Mysuru smart metering plant further demonstrates this commitment.”
Schneider Electric India continues to strengthen its position in the metering industry by increasing the localization of its electricity meters, fostering value for customers while supporting domestic economies. Its transparent approach to business builds long-lasting customer relationships, addressing needs effectively and proactively.
Neha Tatikota, Energy & Environment Industry Analyst at Frost & Sullivan, added, “Schneider Electric India’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 honors organizations that excel in growth strategies, innovation, and market leadership. It acknowledges companies that demonstrate a clear commitment to customer value and technological advancements.
For over 60 years, Frost & Sullivan has been a trusted advisor for identifying disruptive trends and fostering growth opportunities across industries, helping businesses and governments navigate market changes effectively.
Schneider Electric is driven by a purpose to empower everyone to maximize energy and resource efficiency, fostering progress while ensuring sustainability for all. This vision is encapsulated in our motto: Life Is On. Our mission is to be the trusted partner for Sustainability and Efficiency, aligning innovation with responsibility to create lasting impact.
As a global leader in industrial technology, we bring unparalleled expertise in electrification, automation, and digitization to smart industries, resilient infrastructure, future-ready data centers, intelligent buildings, and intuitive homes. Leveraging deep domain knowledge, we deliver integrated end-to-end AI-enabled Industrial IoT solutions, including connected products, automation systems, software, and services. Our offerings enable digital twins, helping customers achieve profitable growth and operational excellence.
With a workforce of 150,000 and an extensive network of over a million partners operating in more than 100 countries, we prioritize customer proximity and stakeholder engagement. Guided by our commitment to diversity, inclusion, and sustainability, we strive to build a future where innovation and responsibility go hand in hand, creating meaningful change for the world.
