New Delhi, Oct. 17 -- Toshiba Energy Systems & Solutions Corporations (Toshiba) today announced a significant expansion of its investment in the power transmission and distribution (T&D) equipment business, an official statement said.
The company will invest a total of 55 billion-yen by 2027, and this investment is expected to double combined production capacity at Toshiba's key facilities in Japan and India by FY2030, against FY2024 levels.
Hiroshi Kaneta, Vice President of Grid Solution Division at Toshiba, said, "As global electricity demand continues to rise, ensuring a stable supply of T&D equipment is more critical than ever. In Japan, demand for T&D equipment is expected to surge through 2030 and remain high, driven by the renewal ...