Schneider Electric to Expand Retail Footprint to Over 2000 Pavilions by Mid-2025.

Schneider Electric, a provider of digital transformation and energy management solutions, is set to accelerate growth in the B2C sector through an extensive expansion strategy. This includes opening new retail stores, enhancing availability in general trade channels, and developing exclusive brand stores. The company plans to expand its retail footprint to over 2000 pavilions by the first half of 2025.

Sumati Sahgal, Vice President - Retail, Schneider Electric India, highlighted the company's strategy in an interview with businessline. "India, being the fifth largest economy in the world, offers immense potential in the retail market, and we aim to secure our rightful share," she said.

The expansion strategy began with identifying the top 200 tier 1 and tier 2 towns. Schneider Electric aims to enable retail through an omnichannel approach, engaging customers both physically in stores and digitally. The initiative also includes digital education initiatives aimed at tech-savvy consumers. "Our philosophy is to establish a presence within five to ten kilometers of every market," Sahgal added.

The company also plans to empower its partners by establishing their digital presence, creating websites, enhancing online visibility through SEO, and ensuring competitiveness in today’s market. Currently, Schneider operates a network of 1300 pavilions across over 170 pin codes, Sahgal said.

Focusing on B2C offerings, Schneider Electric has launched products like the automated Wiser 2.0 and Miluz Lara, targeting the residential market and homebuilders. The company aims to leverage this focus to strengthen its presence in the retail sector, aligning with the new energy landscape and sustainable solutions. Furthermore, Schneider plans to expand its workforce in India by 20 percent by 2026.

According to a report by India Brand Equity Foundation (IBEF), the real estate sector in India is expanding rapidly, expected to grow to USD 1 trillion by 2030, contributing significantly to the country’s GDP. This growth in real estate, alongside retail, hospitality, and commercial sectors, provides the necessary infrastructure to meet India’s burgeoning needs.

HBL