Toshiba Announces ₹3,232 Crore Investment for Output Expansion in India and Japan

Toshiba Energy Systems & Solutions Corporation announced a ¥55 billion (₹3,232 crore) investment by FY2027 to boost its global power transmission and distribution business, as per the news reports. The plan will more than double output at its Japan and India facilities by FY2030, building on an earlier ¥20 billion investment made in July 2024. 

The new ¥35 billion funding targets the company’s Hamakawasaki Operations in Japan and TTDI in Hyderabad to meet rising power demand.

Focus on Modernisation and Localised Expansion

Under this plan, Toshiba will strengthen manufacturing capabilities at both sites through the renewal of existing production lines, construction of new facilities, and upgrades to plant infrastructure. Each site will adopt location-specific improvements to enhance operational efficiency and meet local market needs.

As per the news reports, Hiroshi Kaneta, Vice President of the Grid Solution Division at Toshiba, said, “As global electricity demand continues to rise, ensuring a stable supply of T&D equipment is more critical than ever. In Japan, demand for T&D equipment is expected to surge through 2030 and remain high, driven by the renewal of ageing infrastructure, the expansion of renewable energy, and the construction of new data centres.”

India too is witnessing a rapid rise in electricity consumption, driven by economic growth, urbanisation, and renewable energy adoption, making it a crucial market for Toshiba’s long-term growth strategy.

Building a Sustainable Global Power Network

Toshiba emphasised that T&D equipment plays a vital role in maintaining power stability, bridging electricity generation and end-user delivery. With over 100 years of expertise in producing switchgear, transformers, surge arresters, and other T&D products, the company has earned a global reputation for reliability and innovation.

The company said that this investment aligns with its commitment to ensuring a stable electricity supply while supporting the global transition to cleaner and more sustainable energy infrastructure.

Read More: Hitachi Energy to Invest ₹2,000 Crore in Tamil Nadu to Drive Power Sector Growth!

Conclusion

Toshiba’s latest investment marks a decisive step toward scaling its manufacturing network and reinforcing its leadership in the global T&D equipment industry. By expanding both Japanese and Indian operations, the company is positioning itself to power the next era of energy demand worldwide.

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