Hitachi Energy India Limited is looking to significantly expand its presence in India's rapidly growing data centre industry. The company now aims to capture 30% of the country's total data centre spending, up from its earlier target of 10% to 15%.
The company plans to achieve this through its comprehensive "grid-to-rack" power solutions that support data centres from the electricity grid connection stage to power distribution within server racks.
India's data centre market is witnessing strong growth due to increasing digitalisation, rising cloud adoption, and growing demand for artificial intelligence (AI) infrastructure.
As businesses continue to adopt AI-driven technologies and cloud services, demand for reliable power infrastructure is expected to increase significantly.
Hitachi Energy's grid-to-rack solution provides integrated power infrastructure for data centres.
The offering covers the entire power supply chain, including:
According to the company, this approach expands its addressable market by adding another 10% to 15% of data centre power infrastructure spending that was previously outside its focus area.
Hitachi Energy India is a subsidiary of Zurich-based Hitachi Energy and supplies power equipment and grid technologies across various industries.
The company holds nearly half of India's high-voltage direct current (HVDC) market, a key technology used for transmitting large amounts of electricity over long distances.
Its expertise in power transmission and grid management is expected to support its expansion into the growing data centre ecosystem.
To strengthen its manufacturing capabilities, the company recently announced a ₹2,000 crore investment in a new greenfield large power transformer facility in Gujarat.
With this investment, Hitachi Energy India's cumulative capital expenditure will reach ₹4,000 crore across 19 factories located at eight manufacturing sites in India.
The company ended FY26 with a record order backlog of ₹29,600 crore, highlighting strong demand for its products and services.
Apart from organic growth, Hitachi Energy India is also evaluating acquisition opportunities.
The company is exploring businesses in areas such as:
These acquisitions could help strengthen capabilities and fill technology gaps as demand for advanced power solutions rises.
India's electricity demand continues to increase rapidly.
Peak power demand touched a record 270.8 gigawatts (GW) in May, compared with 148 GW in 2014. Government projections indicate that peak demand could rise to 458 GW by 2032.
The company sees this long-term growth in power consumption as a major driver for future business expansion.
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Hitachi Energy India share price was trading at ₹36,420 on June 1, down 5.27% or ₹2,025 for the day. The stock moved between an intraday low of ₹36,350 and a high of ₹38,785, which also represents its 52-week high. Over the past year, the stock has traded between ₹16,184.65 and ₹38,785.
Hitachi Energy India is positioning itself to benefit from India's rapidly expanding data centre industry by offering end-to-end power infrastructure solutions. Backed by fresh investments, a strong order book, and rising demand for AI and cloud computing infrastructure, the company is aiming to significantly increase its share of spending in one of the country's fastest-growing technology sectors.
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Published on: Jun 1, 2026, 4:00 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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