Toshiba Transmission & Distribution Systems (India) (TTDI) has announced a landmark investment exceeding INR 500 crore to enhance its manufacturing capacity for power transmission and distribution (T&D) equipment in India. This strategic initiative comes in response to the surging global demand for T&D equipment, driven primarily by the ongoing expansion of renewable energy infrastructure across the globe. As nations shift towards sustainable energy solutions, Toshiba’s commitment to bolstering its Indian operations marks a significant step in aligning with these global trends.
Over the next three years, spanning FY2024 to FY2026, the Toshiba Group plans to increase its production capabilities for power and distribution transformers by approximately 1.5 times compared to the previous fiscal year. This ambitious strategy highlights India’s growing prominence as a manufacturing hub, serving as a key export base for T&D equipment to over 50 countries. A spokesperson from TTDI remarked, “India has emerged as a key manufacturing and export base for our T&D equipment. The investment will not only ramp up our production capacity but also streamline operations, reduce lead times, and strengthen our market presence both domestically and internationally.” This expansion encompasses significant upgrades to assembly and testing facilities, particularly enhancing the testing capabilities for high-voltage transformers to meet robust domestic demand.
Moreover, TTDI’s investment strategy emphasises vertical integration, including the establishment of a specialised cold rolled grain oriented (CRGO) steel processing centre. This facility aims to boost manufacturing efficiency, enhance product quality, and ensure compliance with stringent safety standards. With the integration of advanced technology and a skilled workforce, TTDI is poised to deliver high-quality T&D equipment under the ‘Make in India’ initiative. This not only supports the country’s industrial growth aspirations but also solidifies Toshiba’s competitive edge in the global power transmission and distribution market.
