Discussions at Global Boards: Insights into Unilever, Schneider Electric, Renault's Strategies for India
Published on August 2, 2025
India continues to attract the attention of multinational corporations, with several companies viewing it as a significant growth market. Among these is RHI Magnesita N.V., for whom India is the only major growth market worldwide [1].
One of the latest entrants to India is Alkami Technologies, a US-based provider of cloud-based digital banking solutions. The company has identified India as a key innovation engine and is expanding its operations here [2]. Alkami Technologies plans to increase its workforce at a new capability center in India, aiming to grow from 70 to over 175 employees by the end of 2025. This expansion is part of the company's strategy to deepen client relationships and enhance product integration globally.
Schneider Electric S.E., a French multinational corporation specialising in digital automation and energy management, also considers India a global hub. The company now has India as their fourth-largest global hub, and they have full JV ownership in India [1]. Schneider Electric views India as a unique platform for growth in the Indian market and supplies globally.
The automotive sector is another area where foreign companies are investing heavily in India. Gestamp Automoción, S.A., a Spanish multinational automotive component manufacturer, is expanding its India operations with two new plants and five hot-stamping lines [1]. The company sees a lot of opportunities in India and expects solid organic growth.
Renault SA, the French automobile manufacturer, has also joined forces with Nissan in India for co-developing a B-segment MPV (2026) and C-segment SUV (2026-27) [1]. This move indicates Renault's strategic priority for the Indian market.
Unilever Plc, a British multinational FMCG company, has also noted India's demand surge, particularly in premium categories and robust volume growth. The company is increasing brand investments to sustain this momentum [1]. However, specific information about Unilever's expansion plans in India was not available in the provided search results.
Many entrepreneurs and foreign companies have invested in India to participate in its growth. As India continues to grow and develop, it is likely that more multinational corporations will follow suit, viewing it as a key market for their growth strategies.
[1] Source: Various company press releases and financial reports [2] Source: Alkami Technologies press release, August 1, 2025
- The automotive business sector in India is witnessing substantial investments from foreign companies, with Gestamp Automoción, a Spanish multinational, expanding its operations with two new plants and five hot-stamping lines.
- Schneider Electric, a French multinational corporation specializing in digital automation and energy management, has identified India as a global hub and now has it as their fourth-largest global hub.
- Alkami Technologies, a US-based provider of cloud-based digital banking solutions, considers India a key innovation engine and plans to grow its workforce significantly in India as part of their global expansion strategy.
- In the realm of banking and finance, companies like Alkami Technologies are entering the Indian market, joining others who view India as a significant growth market, such as RHI Magnesita N.V.
- The economy of India attracts attention not just from automotive and banking businesses, but also from the FMCG sector. Unilever Plc, a British multinational FMCG company, has observed India's demand surge, particularly in premium categories, and is increasing brand investments to sustain this momentum.
- The Indian market is not only attractive for traditional industries but also for technology-driven companies like Alkami Technologies, who are expanding their IT operations in India.
- As more multinational corporations invest in India, the economy is expected to continue its growth, providing opportunities for premium product investments, technology integration, and overall economic expansion.
