Infrastructure

Schneider Electric to capitalise on India’s real estate market growth

Schneider Electric, a global leader in the digital transformation of energy management and automation, has unveiled an innovative lineup of products and solutions aimed at empowering the next generation of homes and buildings. These groundbreaking Home Energy Management solutions were showcased at BuildCon 2024, Schneider Electric’s flagship event, held in Goa. The event, themed “Future Forward – Switch to Smart,” brought together a large congregation of developers and contractors.

In today’s landscape, homebuilders have a unique opportunity to meet the needs of tech-savvy homeowners seeking residences equipped with advanced automation, energy management, and security features. Embracing these trends enhances the properties’ value proposition and fosters greater sustainability and efficiency. Responding to these evolving trends in the Indian home market, Schneider Electric has pledged to provide holistic solutions for smart, intelligent, and sustainable homes.

The company has launched the upgraded Wiser 2.0 smart home automation range, offering easy and scalable automation for enhanced comfort and convenience, along with advanced energy management capabilities. The smart switches, unveiled at the event, are aesthetically pleasing and seamlessly connect with both existing and new ranges. Additionally, Schneider Electric showcased the new ‘Miluz Lara’ range of switches and sockets, equipped with advanced functions for modern living, including air quality indicators providing real-time AQI information, enabling homeowners to create healthier living spaces.

Deepak Sharma, Zone President, Greater India, MD & CEO, Schneider Electric India, said, “At Schneider Electric, we are thrilled to present our pioneering Home Energy Management Solutions (HEMS), developed and designed in India, for India, and for the globe. Home energy consumption is set to increase significantly over the coming decade, underscoring the need to make buildings more digital and decarbonised. Schneider Electric Wiser 2.0 and Miluz Lara solutions are tailor-made to suit Indian homes and meet diverse customer needs, while contributing to the country’s Atmanirbhar Bharat vision through local manufacturing. We are positive that our innovative solutions will play a key role in addressing the energy crisis and lowering energy wastage.”

Sumati Sahgal, Vice President – Retail, Schneider Electric India, highlighted the company’s commitment to transforming homes, saying, “Schneider Electric’s commitment and consistent efforts towards transforming homes have helped redefine green and responsible living. Made in India, our transformative new products are built to suit the requirements of Indian homes and support our fight against climate change. The new product range is designed to address the needs of developers, electricians, and homeowners, with a keen focus on safety, durability, and innovation. Miluz Lara offers a strong, differentiated solution that caters to the demands of the residential market. For homebuilders, it presents the perfect wiring devices range, addressing the specific needs of modern construction methods. Wiser 2.0, our latest home automation offering, is a simple, retrofit solution that seamlessly integrates with our existing and new portfolio, enabling our customers to achieve significant cost savings, make responsible decisions with their use of energy, and reduce their carbon footprint too.”

Rajat Abbi, Vice President – Global Marketing and Chief Marketing Officer, Schneider Electric India, emphasised the strategic focus on empowering the entire ecosystem of builders and contractors. “This launch underscores our commitment to innovation and our vision of bringing over 100 years of expertise in energy management directly to the doorstep of homebuilders and end users. We are dedicated to empowering our customers to efficiently manage their home energy consumption. We will be showcasing these new solutions through an integrated marketing campaign that will be going live in the coming weeks.”

The product launches were accompanied by thought-provoking panel discussions with industry stalwarts from the Indian real estate sector. The discussions revolved around the evolving landscape of building construction and development, ways to embrace efficiency in building processes, accelerating focus on sustainability, and prioritising the well-being of residents.

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