Temasek exits Schneider Electric India with 10x gain

Team S · 2025-07-30T13:48:25.000Z

Temasek acquired the 35 percent stake in SEIPL for 530 million euros in 2020, when Schneider Electric merged its Indian low-voltage and industrial automation product unit with the electrical and automation operations of Larsen & Toubro Ltd. The joint venture, established in 2018, has since grown into Schneider’s third-largest market by revenue, generating 1.8 billion euros in statutory revenue in 2024, with total India sales, including exports, reaching 2.5 billion euros across Schneider’s subsidiaries. https://www.startupeuropeindia.net/news/equity/temasek-nets-10-fold-gain-with-s82-billion-stake-sale-in-schneider-electric-india

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Temasek exits Schneider Electric India with 10x gain | SEINET