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HomeInfrastructureToshiba Ramps Up Indian Operations with INR 500 Crore Investment

Toshiba Ramps Up Indian Operations with INR 500 Crore Investment

Toshiba Transmission & Distribution Systems (India) (TTDI) has announced a strategic investment of over INR 500 crore to bolster its manufacturing capacity of power transmission and distribution (T&D) equipment in India. This move comes amidst increasing global demand for T&D equipment, driven by the expansion of renewable energy infrastructure worldwide.

Over the next three years, from FY2024 to FY2026, Toshiba Group plans to enhance its production capabilities of power transformers and distribution transformers by approximately 1.5 times compared to the levels in FY2023. This significant investment underscores Toshiba’s commitment to scaling up its operations in India, which serves as a pivotal hub for manufacturing and exporting T&D equipment to more than 50 countries globally. A spokesperson from TTDI highlighted, “India has emerged as a key manufacturing and export base for our T&D equipment.

The investment will not only ramp up our production capacity but also streamline operations, reduce lead times, and strengthen our market presence both domestically and internationally.” The expansion initiative includes augmenting assembly and testing facilities for both distribution and power transformers. Particularly, there will be a substantial enhancement in testing capabilities for high-voltage transformers (400kV / 765kV), aimed at meeting the robust demand in the Indian market and facilitating increased exports. TTDI will establish a state-of-the-art manufacturing facility dedicated to surge arresters, scheduled to be operational by the second half of FY2024.

TTDI’s investment strategy also emphasizes vertical integration, including the development of a specialized cold rolled grain oriented (CRGO) steel processing centre. This facility aims to enhance manufacturing efficiency, improve product quality, ensure safety standards, and promote a lean manufacturing environment. With advanced technology, integrated processes, state-of-the-art facilities, and a skilled workforce, TTDI is poised to deliver high-quality T&D equipment under the ‘Make-in-India’ initiative. This initiative not only supports India’s industrial growth aspirations but also strengthens Toshiba’s position in the competitive global market for power transmission and distribution solutions.

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