Toshiba announces investment of JPY 10 billion to increase production capacity of power T&D equipment in India

Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) announced that it will increase its manufacturing capacity of power transformers and distribution transformer by approximately 1.5 times compared to 2022-23, over a three-year period from 2023-24 to 2025-26. The Toshiba Group has positioned the power transmission and distribution (T&D) business as a focus business and will invest approximately JPY 10 billion (over Rs 5 billion) in TTDI to expand its capacity. With this investment, TTDI will increase its assembly and test line capacity for distribution transformers and power transformers for the transmission grids and distribution networks. TTDI is focusing on the enhancement of gas insulated switchgears, transformers, control relay and substation automation system solutions to enable their application in the renewable energy sector, data centres for smart cities, and for industry segments such as petrochemical plants, refineries and railways.