hitachi energy new investment in india
Hitachi Energy plans to invest approximately ₹2,000 crore (about $250 million USD) in India over the next four to five years. This investment aims to expand the capacity of power transformers, upgrade testing capabilities, and relocate the bushings factory to support India’s growing energy demands. The company also plans to boost the traction transformers factory for railway modernization and introduce new products like the REF650 medium voltage protection relay. This initiative aligns with Hitachi Energy’s 2030 strategic growth plan, focusing on sustainable energy solutions and digitalization.
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