Hitachi Energy to Invest Rs 2000 Cr in New Transformer Factory in Gujarat
Hitachi Energy plans to establish a new power transformer facility in Karjan, Gujarat, with an investment of Rs 2000 crore, set for completion in 2028. This project aims to enhance India's energy capacity and support the 'Make in India' initiative, creating over 1,000 jobs and strengthening local supply chains.
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Hitachi Energy will invest Rs 2000 crore to build a new power transformer factory in Karjan, Gujarat, aimed for completion by 2028. The facility will enhance India's energy infrastructure and is expected to create over 1,000 direct and indirect jobs.
This investment aligns with India's goal of expanding its electricity transmission network, anticipating a need for Rs 7.93 lakh crore in transmission infrastructure by 2035. The project is designed to support renewable energy integration and is positioned to strengthen Gujarat's role in the energy sector while contributing to the 'Make in India' initiative. It will also feature advanced manufacturing technologies and sustainability practices, reflecting a commitment to environmental responsibility.
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