Business EconomyPosted at: Oct 17 2025 1:09PM


Toshiba announces major investment to foster power production

New Delhi, Oct 17 (UNI) 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 of aging infrastructure, the expansion of renewable energy, and the construction of new data centers. In India, electricity demand continues to rise rapidly, fueled by economic & urban population growth and the accelerated adoption of renewable energy.”
As a leading supplier of high-voltage T&D equipment, Toshiba will invest in strengthening its manufacturing capabilities by renewing and modernizing existing production lines, constructing new ones, and upgrading factory infrastructure at both Hamakawasaki Operations and TTDI.
Moreover, Toshiba will also leverage its technological expertise and trusted performance to help build robust power grids that support a stable electricity supply. The company will strengthen its production systems to respond flexibly and swiftly to domestic and international demand, advance Research and Development (R&D) in next-generation technologies, and continue to enhance employee safety and workplace comfort.
UNI SAS ARN
Please log in to get detailed story.
Tags: #Toshiba announces major investment to foster power production
More News

RIFAH Chamber of Commerce annual conference held

16 May 2026 | 5:52 PM

Chennai, May 16 (UNI) The annual conference of the RIFAH Chamber of Commerce (RCC) was held in Chennai on Saturday.

see more..

Rupee fall reflects sentiment-driven weakness, not macro fundamental deterioration: N ArunaGiri

16 May 2026 | 2:16 PM

By Sourav Shekhar
New Delhi, May 16 (UNI) Rupee breaching one level after another is more a reflection of sentiment-driven weakness than any serious deterioration in macro fundamentals, said N ArunaGiri, CEO of TrustLine Holdings.

see more..

US Senate Panel Clears Landmark Cryptocurrency Bill

15 May 2026 | 11:48 PM

Indian Crypto Industry Sees Major Global Regulatory Shift
Mumbai, May 15 (UNI) The United States Senate Banking Committee on Thursday cleared the Digital Asset Market Clarity Act, advancing what is being described as the most comprehensive cryptocurrency legislation in American history and triggering reactions across global digital asset markets.

see more..

Fuel price revision a course correction, but more needs to be done: Crisil Intelligence

15 May 2026 | 11:00 PM

New Delhi, May 15 (UNI) India's decision to raise retail prices of petrol and diesel by Rs 3 per litre marks a meaningful, if partial, step toward unwinding one of the more prolonged under-recovery cycles in recent memory, said Sehul Bhatt, Director Crisil Intelligence, in a statement here on Friday.

see more..

Telangana to Formulate Comprehensive Cooperative Policy for Modernisation of Sector

15 May 2026 | 10:33 PM

Hyderabad, May 15 (UNI): The Telangana Government is formulating a comprehensive State Cooperative Policy aimed at providing strategic direction for the growth and modernisation of the cooperative sector, Secretary Agriculture and Cooperation Surendra Mohan said on Friday.

see more..