STOCKWATCH
·
Heavy Electrical Equipment
New Launch29 Aug 2025, 01:53 pm

Hitachi Energy India Invests INR 300 Crores in Mysuru Facility to Boost Global Supply of Transformer-Grade Pressboard

AI Summary

Hitachi Energy India Ltd. (Hitachi Energy India) announced an investment of INR 300 crores in its insulation and components business in India by expanding its manufacturing facility in Mysuru, Karnataka. The expansion will double the facility's capacity to produce EHV class high-quality pressboard and laminated board, a vital insulation material used in power and distribution transformers. The expansion, part of Hitachi Energy India’s INR 2,000 Crore India investment plan, will make the Mysuru site an ultra-low carbon pressboard facility, supporting India’s growing grid and renewable energy integration, and addressing the global shortage of transformers and components.

Key Highlights

  • INR 300 crores investment in insulation and components business in India
  • Expansion of Mysuru manufacturing facility to double capacity
  • Replacement of fossil fuel boiler to make Mysuru site an ultra-low carbon pressboard facility
  • Strategic response to address the shortage of transformers and components globally
  • Completion of the project by mid-2027
POWERINDIA
Heavy Electrical Equipment
Hitachi Energy India Ltd

Price Impact