Investment12 Jun 2026, 11:03 am
Hitachi Energy India to Invest ₹2000 Cr in New Transformer Factory
AI Summary
Hitachi Energy India Limited is investing approximately INR 2000 crore to establish a new Large Power Transformer (LPT) factory in Karjan, Vadodara, India. This expansion aims to strengthen regional transformer manufacturing capabilities and support India's growing demand for electricity, driven by grid expansion and the energy transition. The new facility, scheduled for completion in FY28, will incorporate advanced digital and sustainable manufacturing technologies and is expected to create over 1,000 direct and indirect jobs. This investment aligns with the 'Make in India' initiative and Hitachi Energy's global strategy to meet unprecedented electricity demand.
Key Highlights
- Investment of ₹2000 crore for a new Large Power Transformer factory in Vadodara.
- Expansion to support India's energy transition and 'Make in India' vision.
- Factory completion expected by FY28, creating over 1,000 jobs.
- Focus on advanced digital manufacturing and sustainability standards.
- Aims to meet growing demand for reliable and efficient power equipment.
Price Impact
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