Toshiba to set up Rs 180 crore unit in Hyderabad

Japanese firm Toshiba Corporation announced plans to invest $30 million at Toshiba Transmission & Distribution Systems (India) Pvt. Ltd. in Hyderabad.

Katsutoshi Toda, CMD, of the corporation’s Transmission & Distribution (TTDI.) vertical, declared a new line for large power transformers would come on line in 2015.  The new transformer line would support production of 765 kv transformers with a capacity of 500 MVA.

Toshiba wishes to conquer 20% of Indian market by the year 2018. High Economic Growth and Long Term Capital Investment for infrastructure in areas like electricity and transportation has been recorded in India.

Even Indian Government is keen on increasing the number 765 kv sub-stations to increase the country’s transmission capacity 5 times by 2017. This plan was motivating the demand for large power transformers and high voltage switchgear.

Srinivas Katam

Do you need help growing your business? Srinivas Katam is a Digital Marketing Strategist and Consultant with over 200 successful SEO and Social Media client engagements completed. I’ve worked with brands across the world as a digital marketing consultant to deliver revenue growth from content-focused inbound marketing campaigns. He is an Innovative Marketer who specializes in digital marketing, specifically in social media, SEO and online strategy.

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