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

Hitachi Energy India Ltd. (Hitachi Energy India) has announced an investment of INR 300 crores in its insulation and components business in India. The investment will expand the company's manufacturing facility in Mysuru, Karnataka, doubling its capacity to produce high-quality pressboard and laminated board. The expansion will also make the Mysuru site an ultra-low carbon pressboard facility by replacing the fossil fuel boiler. The project is part of Hitachi Energy India’s 2,000 Crore India investment plan and is expected to be completed by 2027. The expansion will support India’s growing grid and renewable energy integration, and boost the supply of insulation material across India and global markets.