Hitachi Energy India Announces ₹300 Crore Investment in Mysuru Manufacturing Facility

Hitachi-Energy
Image Courtesy: Hitachi Energy

Hitachi Energy India has revealed plans for a ₹300 crore investment to expand its insulation and components manufacturing facility in Mysuru, Karnataka. This expansion will double the facility’s production capacity for EHV-class pressboard and laminated board, essential insulation materials used in power and distribution transformers. As part of the initiative, the company will replace its fossil-fuel boiler, transforming the Mysuru site into an ultra-low-carbon facility. This expansion is part of a larger ₹2,000 crore investment plan in India, scheduled over the next 4 to 5 years.

N Venu, Managing Director & CEO of Hitachi Energy India, commented, “This expansion underscores our commitment to supporting India’s growing energy grid and renewable integration, while also strengthening the local manufacturing ecosystem for a sustainable future.” Helmut Bockshammer, Global Product Group Manager for Transformers Insulation and Components, Hitachi Energy, added, “By localizing pressboard production, we are securing supply chains, enhancing reliability, and fostering renewable energy.”

As global electricity demand continues to surge, there is a critical need for infrastructure that can meet this demand in a sustainable way. Transformers play a pivotal role in the efficient transmission of high-voltage electricity, and the quality of insulation material is key to maintaining grid stability and preventing electrical faults. Currently, there is a gap between the global demand for transformers and available supply.

The expansion of the Mysuru facility will address this shortage by increasing the availability of insulation materials not only within India, but also in markets like the U.A.E., Oman, Kuwait, Saudi Arabia, Turkey, Indonesia, South Korea, and South Africa. This move will help Hitachi Energy meet the growing demands of global customers while advancing its long-term sustainability goals. The project, set to be completed by mid-2027, marks a significant milestone in Hitachi Energy’s ongoing growth in India.

Hitachi Energy is a global leader in electrification, driving the transition to a sustainable energy future with advanced power grid technologies. With over a century of experience in high-voltage solutions, transformers, and power electronics, Hitachi Energy plays a critical role in balancing growing electricity demand with the need to decarbonize energy systems.

The company’s solutions are relied upon by over three billion people worldwide. With a presence in more than 140 countries, Hitachi Energy partners with industries including utilities, transportation, data centers, and infrastructure.

Hitachi, the parent company, is a global powerhouse in digital systems, energy, mobility, and industrial connectivity. Headquartered in Switzerland, Hitachi employs over 280,000 people globally and generated revenue of ¥9,783.3 billion for FY2024. Through its innovative use of data and technology, Hitachi is addressing some of society’s most pressing challenges.