Karnataka Industries minister, as part of the global roadshow for Invest Karnataka 2025 interacted with Schneider Electric, which announced plans to add 5,000 more in the coming years by establishing a new Printed Circuit Boards (PCB) manufacturing facility.

M.B. Patil led a high-level delegation to France as part of the global roadshow. The visit aimed to strengthen economic partnerships, highlight Karnataka’s investment potential and invite global stakeholders to the state’s flagship investor summit.

In a meeting with Schneider Electric, held at the Indian Embassy in Paris, Bruno Turchet, Vice President – Global Supply Chain Strategy Deployment, discussed the company’s investment plans for Karnataka.

Schneider Electric emphasized the strategic importance of Bengaluru, where it currently employs 11,000 people. The discussions also focused on enhancing the availability of electromechanical engineers and increasing the localization of supply chains. The Minister reiterated the Government of Karnataka’s commitment to supporting Schneider Electric’s expansion and invited its global leadership team to the upcoming Global Investors Meet.

The delegation engaged in discussions with Forvia, a global automotive supplier, where senior executives, including Schmitt Jean-Pierre, Maryse Penny, and Mary Jay East, discussed the company’s global operations and significant presence in Karnataka.

Further expansion

Forvia expressed its eagerness to expand further in India, with a strong focus on Karnataka, given its conducive business environment. The Industries minister assured the company of the state’s support for both its ongoing and future investments and invited Forvia to participate in Invest Karnataka 2025.

The delegation also met with MEDEF, one of France’s largest business confederations, representing over 200,000 companies. During the interaction at MEDEF’s Paris headquarters, the Karnataka delegation highlighted the state’s strengths in innovation, R&D, aerospace, defense, and other key sectors.

They emphasized Karnataka’s social infrastructure and talent pool as factors making it an ideal investment destination. MEDEF expressed interest in further collaboration, particularly in broadcasting Karnataka’s investment opportunities to its member companies. The Government of Karnataka also invited MEDEF and its member companies to participate in Invest Karnataka 2025.

The roadshow in France showcased Karnataka’s proactive approach to attracting investments and fostering global collaborations. It reinforced the state’s position as a leading hub for innovation and industry, setting the stage for successful engagements at the upcoming Global Investors Meet.