Toshiba Energy Systems & Solutions Corporation (Toshiba) on Friday announced its plan to invest 55 billion yen (around Rs 3,232 crore) by FY2027, aimed at doubling output capacity at its key facilities in Japan and India.
Toshiba Energy Systems & Solutions Corporation (Toshiba) has announced a significant expansion of its investment in the power transmission and distribution (T&D) equipment business, in response to accelerating global electricity demand, a company statement said.
According to the statement, the company will invest a total of 55 billion yen by FY2027. This investment is expected to more than double combined production capacity at Toshiba’s key facilities in Japan and India by FY2030, against FY2024 levels.
This initiative builds on the 20-billion-yen investment announced in July 2024 for FY2024FY2026.
With demand now projected to exceed initial forecasts, Toshiba has decided to invest an additional 35 billion yen in its Hamakawasaki Operations in Kawasaki, .Toshiba Energy Systems & Solutions Corporation (Toshiba) on Friday announced its plan to invest 55 billion yen (around Rs 3,232 crore) by FY2027, aimed at doubling output capacity at its key facilities in Japan and India.
Toshiba Energy Systems & Solutions Corporation (Toshiba) has announced a significant expansion of its investment in the power transmission and distribution (T&D) equipment business, in response to accelerating global electricity demand, a company statement said.
According to the statement, the company will invest a total of 55 billion yen by FY2027. This investment is expected to more than double combined production capacity at Toshiba’s key facilities in Japan and India by FY2030, against FY2024 levels.
This initiative builds on the 20-billion-yen investment announced in July 2024 for FY2024FY2026.
With demand now projected to exceed initial forecasts, Toshiba has decided to invest an additional 35 billion yen in its Hamakawasaki Operations in Kawasaki, . Latest News [ SOBAN NEWS: International and National ]
