Hitachi Energy Share Price Gains Over 3%; Plans to Expand Manufacturing in India with ₹2,000 Crore Investment

Hitachi Energy is set to enhance its manufacturing capabilities in India with a ₹2,000 crore investment to establish a new Large Power Transformer factory in Vadodara.  

This move aligns with India's "Make in India" initiative, aiming to boost local manufacturing and create skilled jobs. 

Investment in Vadodara Factory 

The new factory in Karjan, Vadodara, will complement Hitachi Energy's existing facilities in Gujarat, Mysore, and Halol.  

Scheduled for completion in FY28, the factory will produce a significant volume of power transformers annually, supporting applications like high-voltage transmission and AI data centres. 

Commitment to India's Energy Needs 

This investment builds on Hitachi Energy's 77-year history in India, reinforcing its commitment to meeting the country's growing electricity demand.  

According to the Central Electricity Authority, India will need ₹7.93 lakh crore in transmission infrastructure to integrate over 900 GW of non-fossil fuel-based energy by 2035. 

Hitachi Energy's new factory will support India's demand for reliable and efficient power equipment, contributing to a stronger energy value chain.  

The project is expected to create over 1,000 direct and indirect jobs, supporting local economic development. 

Advanced Technologies and Sustainability 

The Vadodara factory will feature advanced technologies and adhere to high health, safety, and sustainability standards.  

Planned as a LEED-certified site, it will focus on energy efficiency and reduced environmental impact, integrating smart manufacturing technologies for data-driven operations. 

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Global Investment Program 

This initiative is part of Hitachi Energy's global investment program, the largest in the industry, aimed at expanding manufacturing capacity and partnerships to meet electricity demand.  

The investment underscores Hitachi Energy's leadership in transformers, making electricity more accessible. 

Hitachi Energy India Share Price Performance 

As of June 12, 2026, at 11:04 AM, Hitachi Energy India share price on NSE was trading at ₹34,240.00 up by 2.98% from the previous closing price. 

Conclusion 

Hitachi Energy's ₹2,000 crore investment in a new Large Power Transformer factory in Vadodara highlights its commitment to India's energy infrastructure. The project, set for completion in FY28, will enhance local manufacturing and create over 1,000 jobs. 

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