Piyush Goyal discusses India investment plans with Schneider Electric, General Atlantic in Riyadh
The meeting with Schneider Electric’s CEO centred on the company’s commitment to expanding its manufacturing base in India. Schneider, a global leader in energy management and automation, aims to tap into India’s vast talent pool and government support to advance high-tech, energy-efficient solutions for global markets.
In March this year, Schneider announced plans to invest ₹3,200 crore by 2026 to make India a key manufacturing hub for both domestic demand and exports. Currently, Schneider operates 30 factories across India and plans to add more facilities to support its expanding product portfolio.
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In a social media post on platform X, Goyal expressed his optimism regarding Schneider Electric’s investment plans, “Held a meeting with Mr Peter Herweck, CEO of @SchneiderElec, a global company specialising in energy management and digital automation with a strong presence in our country. Discussed the company’s investment plans for India and how it can leverage the nation’s talent pool and government support to provide high-tech, sustainable, and energy-efficient solutions to the world.”
Held a meeting with Mr. Peter Herweck, CEO of @SchneiderElec, a global company specialising in energy management and digital automation with a strong presence in our country.
Discussed the company’s investment plans for India and how it can leverage the nation’s talent pool and… pic.twitter.com/Rdpb8LXM8O— Piyush Goyal (@PiyushGoyal) October 30, 2024
In another discussion, Goyal met with General Atlantic’s Chairman and CEO William E. Ford to explore investment opportunities in India’s healthcare sector. The talks focused on collaborations with consumer-focused health enterprises, an area ripe for innovation given India’s growing health and wellness market.
They also explored the potential for General Atlantic to expand its investment in Global Capability Centres, positioning India as a key destination for high-skill digital operations.
Sharing his enthusiasm on social media, Goyal wrote, “Wonderful meeting with Mr William E Ford, Chairman and CEO of the global growth investment firm, General Atlantic. Discussed the company’s potential to collaborate with India’s healthcare sector, especially in consumer-focused health enterprises. Additionally, explored potential for expansion of their investment in Global Capability Centres (GCCs), as well as various other sectors, in the country.”
Wonderful meeting with Mr. William E. Ford, Chairman and CEO of the global growth investment firm, General Atlantic.
Discussed the company’s potential to collaborate with India’s healthcare sector especially in consumer-focused health enterprises.Additionally, explored… pic.twitter.com/HOF2Eaf8hb
— Piyush Goyal (@PiyushGoyal) October 30, 2024
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