India approves $1B Abu Dhabi investment and Schneider Electric’s regional expansion
India’s Competition Commission (CCI) has greenlit two major foreign investments this month. One involves Abu Dhabi’s International Holding Company (IHC) taking a significant stake in Sammaan Capital, an Indian financial firm. The other sees Schneider Electric SE expand its control over its Indian and Singaporean subsidiaries.
In October 2025, IHC announced plans to invest USD 1 billion (Rs 8,850 crore) in Sammaan Capital. The deal would grant the Abu Dhabi-based conglomerate a 43.46% stake in the Mumbai-headquartered company. Sammaan Capital, registered with the Reserve Bank of India, operates as a non-deposit-taking non-banking financial firm.
The CCI formally approved the transaction after reviewing the proposal. IHC’s acquisition will be executed through its affiliate, Avenir Investment RSC Ltd, though the identity of the person controlling this entity remains undisclosed.
Separately, the CCI also cleared Schneider Electric SE’s bid to acquire a 35% stake in two of its existing subsidiaries. The French multinational will take ownership in Schneider Electric India Pvt Ltd, its indirect Indian subsidiary specialising in power management and automation. The other stake involves Schneider Electric JV Holdings 2 Pte Ltd, a private limited company based in Singapore. Both shares are being purchased from MacRitchie Investments Pte Ltd.
With CCI approvals now secured, IHC’s investment in Sammaan Capital will move forward, marking one of the largest foreign injections into India’s NBFC sector. Schneider Electric’s expanded stake in its Indian and Singaporean arms will further consolidate its regional operations. Both deals reflect growing foreign interest in India’s financial and industrial markets.
