History of Schneider Electric President Systems
Schneider Electric President Systems Limited was founded on October 22, 1984. It is a public limited company headquartered in Bangalore Rural, Karnataka. Schneider Electric President Systems Limited is a company that designs, manufactures, and sells standard and customized enclosure systems.
Timeline of Schneider Electric President Systems
1981 - Incorporated as APW President Systems Limited and started offering floor-standing aluminum or steel cabinets, accessories, card frames, and instrument cases, as well as accessory items.
1996 - A joint venture was formed with Vero Electronics of UK resulted in the formation of a company Vero President Systems Ltd. After two years APW (Applied Power Inc) led to change in the name from Vero President Systems ltd to APW President Systems Ltd.
2003 - Company received 'MAIT' award for excellence in Exports of IT related products. - In August 2003, the company announced plans to add 65,000 square feet of manufacturing space on an adjacent 2.8-acre plot in Attibele, Bangalore.
2004 -The first orders for CoolRack were given to APW President by ITC Ltd., Kolkata for 10 units for their data centre and ITC Bangalore for 8 units for their disaster recovery centre.
2005 - Listed on Bombay Stock Exchange
2006 - APW President received a trophy at a conference held in Bangkok for having the highest sales of any distributor in the APAC region for the year 2005. - Three new products for the networking market were introduced by the company in 2006: 4-Post Open Frame Rack, Ecosmart, and Tablerack. - APW President completed 25 years.
2007 -The manufacturing facility of APW President in Pune has increased its space from 23,500 square feet to 43,500 square feet. - In the SAIF Zone in Sharjah, United Arab Emirates, APW President founded APW Systems MEA (FZC) L.L.C. in June 2007. - With the installation of a Welding Robot the company introduced new ground for the enclosure industry.
2013 - Company has changed its name from APW President Systems Ltd to Schneider Electric President Systems Ltd.
Shareholding Pattern of Schneider Electric President Systems
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