AEI

ASIA ELECTRONICS INDUSTRYYOUR WINDOW TO SMART MANUFACTURING

Toshiba to Surge Capacity in India With New Funding

Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI) will increase its manufacturing capacity of power transformers and distribution transformers. Accordingly, the move aims to address the growing global demand for power transmission and distribution (T&D). Therefore, aiming to meet the global trend of renewable energy expansion.

Particularly, the company will increase by approximately 1.5 times its capacity compared to FY2023, over three years from FY2024 to FY2026. Toshiba Group has positioned the power T&D business as a focused business. Thus, it will invest approximately ¥10 billion (over INR 500 crore) in TTDI to expand its capacity.

Expand Business in India, Overseas

Elaborating on the significance of this global announcement to India, Hiroshi Furuta, Chairperson and Managing Director, TTDI said, “Toshiba is a world leader in the supply of T&D equipment for both conventional and renewable energy sources. With India established as a hub for our T&D equipment manufacturing operations and export base, TTDI has successfully supplied India-made transformers to over 50 countries. Furthering our commitment to Make-in-India and Export-from-India, the new investment will improve operational efficiency. Thus, will increase speed-to-market, and support in expanding our business in India and overseas.”

With this investment, TTDI will increase its assembly and test line capacity. Specifically, for Distribution transformers and Power transformers for the Transmission Grids and Distribution Networks. Moreover, its enhanced testing capacity for power transformers will represent a significant upgrade in its testing capacity. Specifically, geared towards expanding exports of power transformers and meeting the high demand for 400kV / 765kV transformers in the Indian market.

The Distribution Transform expansion is mainly to create a dedicated state of art facility for CRGO (Cold Rolled Grain Oriented) steel processing center. Thus, will enhance the vertical integration facility which can help us to reduce the process lead time, enhancement of Quality, Safety and 5S.

Advanced Manufacturing Facility

Additionally, TTDI will also build a new manufacturing facility for surge arresters during the first half of FY2024. Moreover, the products will be commercially available in the market by the second half of the year.

TTDI will employ advanced technology & processes and high-level of background integration. Most importantly, it will have state-of-the-art manufacturing facilities, massive production capacity and a highly skilled workforce. Thus, will yield high-quality T&D equipment that are made-in-India.

TTDI offers a range of innovative and reliable technologies for the renewable energy sector like Power Transformers, Gas-Insulated Switchgear (GIS) and Inverter Duty Transformers. TTDI is focusing on Enhancement of Gas Insulated Switchgears, Transformers, Control Relay & Substation Automation System solutions to applications in Energy (Renewable sector), Data Centre for Smart Cities, and for Industry segments like Railway.

Going forward, TTDI will continue to contribute to carbon neutrality and quality of social infrastructure for electric power companies and manufacturers globally.

22 July 2024