Hyderabad/Tokyo, Apr 18 (UNI) The Toshiba Transmission Distribution Systems (India) Private Limited (TTDI), a wholly-owned subsidiary of Toshiba Corporation, Japan, and a global leader in the supply of Transmission cum Distribution (TCD) equipment for both conventional and renewable energy sources, has signed a Memorandum of Understanding (MoU) with the Government of Telangana to establish a new manufacturing facility for Surge Arresters and expand its existing manufacturing facilities for Power and Distribution transformers and Gas Insulated Switchgear (GIS) at its Rudraram plant, outskirts of Hyderabad, in Telangana.
This investment underscores TTDI’s commitment in providing Innovative Products and Solution for TCD sector and reinforcing Telangana’s position as a premier destination for global technology and industrial investments.
With a planned investment of Rs 562 crore, the project will feature cutting-edge technologies, enhancing existing capacities to contribute towards the growing demand in the TCD Sector, a release from CMs office said here.
The MoU was signed by Telangana Special Chief Secretary (IT & Industries) Jayesh Ranjan, and Hiroshi Furuta, Chairman and Managing Director, TTDI Telangana in the presence of Telangana Chief Minister A Revanth Reddy and Hiroshi Kaneta, Director, Energy Business Toshiba Corporation, at a high-level investment meeting held in Tokyo in Friday.
This initiative aligns with Telangana’s vision to attract high-value investments, strengthen the state’s power sector growth plan, industrial capabilities, and create employment opportunities in the region.
Hiroshi said, “Telangana’s forward-looking policies, strong industrial ecosystem, and commitment to innovation make it an ideal destination for our latest 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.”
This initiative is 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 will continue to play its part in the growth of the Power Sector in the Transmission and Distribution space over the next decade, he added.
Chief Minister Revanth Reddy, who is currently on Japan tour, said: “Telangana is at the forefront of India’s economic transformation, attracting global investors across multiple sectors through strategic collaborations and industry partnerships. Fresh investment by Toshiba announced today reiterates the confidence of global companies in the business ecosystem of the state and the growth story of Telangana.”
