Hitachi Energy has announced a $250 million investment in expanding its transformer manufacturing capacity, product portfolio, and talent base in India over the next five years. This investment is part of the company’s broader $6 billion global initiative focused on manufacturing, R&D, digital solutions, and partnerships to drive the clean energy transition. Of this global investment, $4.5 billion was earmarked earlier this year in June.

In India, the expansion will include significant upgrades to its large power transformers factory and relocation of its bushings factory in Gujarat, alongside enhanced testing facilities for specialty transformers. Transformers are crucial components for adjusting voltage levels, ensuring efficient transmission and distribution of electricity. Hitachi Energy aims to support India's transmission projects and modernize the country’s railway network through these developments.

Commenting on the milestone, Andreas Schierenbeck, CEO, Hitachi Energy said, “We have been investing in India for over 75 years. We are committed to advancing a sustainable energy future for all, and India is a vital market in our efforts to make the world’s energy system more sustainable, flexible, and secure.”

To commemorate its 75th anniversary in India, Hitachi Energy is hosting a two-day technology symposium, Energy & Digital World 75, in New Delhi on October 7–8. The event will feature product launches, technical conferences, and discussions on sustainable electrification and smart infrastructure.

This investment in India follows Hitachi Energy’s recent transformer-related investments in North America, Brazil, and Spain. GlobalData, the parent company of Power Technology, predicts that the global transformers market will reach $51.33 billion by 2028, driven by strong demand from the Asia-Pacific region and significant asset needs in India. Key market drivers include grid development plans, renewable integration, and concerns over aging infrastructure.

(Power Technology)