Chief Minister A. Revanth Reddy with representatives of the Toshiba Transmission Distribution Systems in Tokyo, Japan, on Friday. (April 18, 2025)
Toshiba Transmission Distribution Systems (India) Pvt Ltd will establish a new manufacturing facility for surge arresters and expand its existing manufacturing facilities of transformers and gas-insulated switchgear at its Rudraram plant in the State with an estimated investment of ₹562 crore.
The project would feature cutting edge technologies, enhancing existing capacities to contribute towards growing demand in the TCD sector. The initiative aligns with the State’s vision to attract high value investments, strengthen power sector growth plan, industrial capabilities and create employment opportunities in the region.
Industries special chief secretary Jayesh Ranjan and TTDI Telangana chairman and managing director Hiroshi Furuta signed a memorandum of understanding regarding the investment in the presence of Chief Minister A. Revanth Reddy and Toshiba Corporation energy business director Hiroshi Kaneta in Tokyo on Friday. TTDI is a wholly owned subsidiary of Toshiba Corporation and leader in supply of transmission cum distribution (TCD) equipment for conventional and renewable energy sources.
The CM said that the State was in the forefront of economic transformation, attracting global investors across multiple sectors through strategic collaborations and industry partnerships. Fresh investment by Toshiba reiterated the confidence of global companies in the business ecosystem in Telangana.
Mr. Hiroshi Furuta said Telangana’s forward looking policies, strong industrial ecosystem and commitment to innovation made it an ideal destination for the company’s investment.
“We are excited to collaborate with the Government of Telangana to drive technological advancements, accelerate economic growth, and create a skilled workforce for the future. This investment underscores our long-term commitment to India and our vision to shape the future of the Power Sector,” he said.
The investment underscores TTDI’s commitment in providing innovative products and solutions for TCD sector and reinforcing Telangana’s position as a premier destination for global technology and industrial investments. The initiative formed part of TTDI’s broader vision to design, develop and manufacture TCD products for applications up to the highest voltage level in India, supporting the “Make in India” initiative of the government. TTDI would continue to play its part in the growth of the Power Sector in the Transmission and Distribution space over the next decade.
Published – April 18, 2025 07:37 pm IST
