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INVITATION FOR EXPRESSION OF INTEREST FOR AVAILING WHITE LABELLING OF THE ELECTRICAL AND AUTOMATION PRODUCTS OF LARSEN & TOUBRO

Schneider Electric India Private Limited (“SEIPL”) invites Expression of Interest (“EOI”) from LV switchgear manufacturers in India for availing white labelling product manufacturing services from SEIPL, in compliance with the modifications provided in the order of the Competition Commission of India dated 18 April 2019 (“CCI Order”), approving the acquisition of the electrical and automation (“E&A”) business of Larsen & Toubro (“L&T”) by SEIPL and MacRitchie Investments Pte. Ltd. The CCI Order is available at:

https://www.cci.gov.in/sites/default/files/Notice_order_document/Public1.pdf.

The white labelling product manufacturing services being offered by SEIPL is subject to the terms and conditions as set out in the CCI Order including the following:

1. The white labelling product manufacturing service is being offered by SEIPL only for the existing product range, owned and manufactured at L&T plants, of the Five Products of L&T (Air Circuit Breakers (“ACB”), Moulded Case Circuit Breakers (“MCCB”), Overload Relays, Contactors, and Switch Disconnector Fuse (“SDF”)).

2. The white labelling services for the Five Products of L&T can be availed for a period of 5 years for sale solely in the Indian market.

3. The pricing and allocation of quantity for the white labelling contract will be governed as per the CCI order and monitored by the Monitoring Agency -- Moore Stephens Singhi Advisors LLP appointed by the CCI

4. At the end of the 5 year period for the white labelling service, a single LV switchgear manufacturer shall have the option to enter into a non-transferable, non-sub licensable, non-exclusive technology license solely for manufacture and sale in India with SEIPL for any of the Five Products of L&T for which it has availed of white labelling, subject to the quantity/ duration and other terms and conditions as set out in the CCI Order at a reasonable commercial royalty rate for a period of 5 years. Such technology license to the third party LV switchgear manufacturer shall be in accordance with the terms and conditions of the CCI Order.

Interested LV switchgear manufacturers are requested to respond to this invitation for expression of interest by submitting their details at: https://www.schneider-electric.co.in/en/about-us/whitelabelling/whitelabelling-registration.jsp by 5th Oct. 2019, i.e., 2 months from date of publication of EOI. Specific product ranges available for white labelling will be shared with interested parties post registration at the link set out above.

For further details, please contact us at: whitelabel.support@se.com.