Schneider Electric and Smartworld Developers, a real estate developer headquartered in Gurugram sign an Memorandum of Understanding (MoU) for driving 360-degree home automation in the latter’s upcoming projects. Through this collaboration, Smartworld Developers will build positive impact homes with lower waste and healthier interiors by incorporating smart product lines from Schneider Electric, which includes Wiser Smart Homes, Modular Switches, etc.
In line with its core value of delivering smart homes, Smartworld Developer will leverage a wide range of products and solutions by Schneider Electric to provide state-of-the art technology to their customers. Schneider Electric would complement the supply and service of products and solutions with a quarterly training and upskilling programme for the staff of Smartworld Developers.
Sharing his thoughts on the partnership, Yifu Qi, Executive Vice President, Home and Distribution Division, Schneider Electric said, “As we face challenges in terms of climate change, we believe it is our responsibility to be conscious citizens, even when it comes to our homes. We are happy to partner with Smartworld Developers to deliver smart solutions to build the home of the future and support sustainability.”
Commenting on the collaboration, Vivek Singhal, CEO of Smartworld Developers, shared, "A smart home ecosystem is the future. With over 4000 homes already under construction and another 15000 homes to be added in the next two years, at Smartworld one of our key differentiators is our approach towards the development of homes that are SMART. Our collaboration with Schneider Electric is a step towards the same.”
Smartworld Developers recently announced that it has secured INR 250 crore of investment from Motilal Oswal. The funds will be used as growth capital for Smartworld Developers.