Schneider Electric Seeks to Transform Indian Business

Schneider Electric Seeks to Transform Indian Business

Schneider Electric (SE) is seeking to leverage its Internet of Things (IoT)-driven competencies to bring about process efficiency across businesses in India. IoT is an emerging industry in India and is expected to cross $15 billion by 2020. To support this industry, the Department of Electronics and InformationTechnology (DeitY) has come out with a draft IoT policy that aims at building an entire ecosystem around IoT and to incentivize the players in the ecosystem. Home and building, manufacturing, consumer electronics, retail, power, transportation and healthcare are some of the key sectors which are likely to see major spendings on IoT….See More

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