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Hitachi Energy India has announced an investment of approximately INR 2,000 crore to establish a new large power transformer manufacturing facility at Karjan in Vadodara, Gujarat. The project, disclosed in a regulatory filing on Friday, is aimed at expanding the company’s manufacturing capacity amid rising demand for electricity infrastructure in India and international markets. Scheduled for completion in FY28, the facility is expected to strengthen domestic production of power equipment, support the country’s energy value chain and generate more than 1,000 direct and indirect jobs. The investment forms part of the company’s broader strategy to enhance its manufacturing footprint and support India’s growing energy and infrastructure requirements.
Hitachi Energy India has announced plans to invest approximately INR 2,000 crore in the development of a new large power transformer manufacturing facility in Karjan, Vadodara, Gujarat. The investment, disclosed through a regulatory filing on Friday, is intended to expand the company’s production capabilities and address increasing demand for electricity infrastructure in India and overseas markets.
The proposed facility will manufacture large power transformers and is expected to play a key role in supporting the growing requirements of the power transmission sector. According to the company, the investment aligns with its strategy of strengthening its manufacturing footprint to meet rising demand for reliable and efficient power equipment.
Located in Karjan, within the Vadodara district of Gujarat, the factory is scheduled to be completed in FY28. Once operational, the unit is expected to contribute to the supply of high-quality power infrastructure equipment required for transmission networks and broader energy development projects.
Hitachi Energy stated that the new facility would support India’s efforts to build a stronger and more self-reliant energy value chain. The company noted that increasing domestic manufacturing capacity is becoming increasingly important as the country continues to expand its electricity infrastructure and modernise its power systems.
The investment is also expected to have a significant employment impact. The company said the project would generate more than 1,000 direct and indirect jobs, creating opportunities across manufacturing, operations, supply chains and associated support services.
N Venu, Managing Director and Chief Executive Officer of Hitachi Energy India Ltd, stated that the investment reflected the company’s confidence in India’s energy sector and the country’s growing importance as a strategic manufacturing base. He indicated that the expansion would help strengthen the company’s local manufacturing presence while contributing to employment generation and the delivery of technology-driven solutions aligned with India’s energy and sustainability objectives.
The project comes at a time when investments in power transmission and grid infrastructure are gaining momentum across the country, driven by rising electricity demand, industrial growth and the integration of renewable energy sources into the national grid. Manufacturers of transmission equipment have increasingly been expanding capacity to cater to both domestic requirements and export opportunities.
Headquartered in Switzerland, Hitachi Energy is a global electrification company with operations across 60 countries. The company employs more than 56,000 people worldwide and generates annual revenues of around USD 20 billion.
In India, the company operates through Hitachi Energy India Ltd, which is listed on both the National Stock Exchange of India and BSE. The proposed Gujarat facility is expected to strengthen the company’s manufacturing network in the country while supporting the broader development of India’s power infrastructure ecosystem.
Source - PTI