Schneider Electric has announced plans to establish a new Printed Circuit Board (PCB) manufacturing plant in Karnataka, creating an additional 5,000 jobs in the coming years. The announcement was made during a meeting in Paris between Karnataka Industries Minister M.B. Patil and Schneider Electric executives, as part of the global roadshow for Invest Karnataka 2025.
The discussions, held at the Indian Embassy in Paris, included Bruno Turchet, Vice President – Global Supply Chain Strategy Deployment at Schneider Electric. The company highlighted the strategic importance of Bengaluru, where it currently employs 11,000 individuals, and emphasized plans to enhance the local talent pool and strengthen supply chain localization. The minister assured full government support for the expansion and invited Schneider Electric’s leadership to attend the upcoming Global Investors Meet.
The delegation also met with Forvia, a leading global automotive supplier with a strong presence in Karnataka. Senior executives, including Schmitt Jean-Pierre and Maryse Penny, discussed Forvia’s growth plans in India, with a focus on further investments in the state. The Industries Minister reaffirmed Karnataka’s support for Forvia’s expansion and encouraged its participation in Invest Karnataka 2025.
In addition, the delegation engaged with MEDEF, one of France’s largest business confederations representing over 200,000 companies. At a meeting at MEDEF’s Paris headquarters, the Karnataka team highlighted the state’s strengths in innovation, aerospace, defense, and research and development. MEDEF expressed interest in promoting Karnataka’s investment opportunities among its member companies and collaborating further in the future.
The roadshow in France underscored Karnataka’s proactive efforts to attract international investments and strengthen economic ties. By showcasing its business-friendly environment, robust social infrastructure, and skilled workforce, Karnataka continues to position itself as a premier destination for global industry and innovation. These efforts are expected to drive fruitful partnerships and ensure the success of Invest Karnataka 2025.
