Toshiba Ups T&D Investment to JPY 55B for Global Growth

Toshiba Energy Systems & Solutions Corporation has announced a significant investment of JPY 55 billion in its power transmission and distribution (T&D) equipment business by FY27, as part of its global capacity expansion strategy.

The initiative aims to more than double production capacity at Toshiba’s core manufacturing facilities in Japan and India by FY30, compared to FY24 levels. This investment builds on the previously announced JPY 20 billion commitment in July 2024 for the FY24–FY26 period, with an additional JPY 35 billion now allocated to further accelerate capacity growth.

The expanded funding will support the modernisation of existing infrastructure, establishment of new production lines, and facility upgrades at Toshiba’s Hamakawasaki Operations in Japan and Toshiba Transmission & Distribution Systems (India) (TTDI) in Hyderabad.

Key initiatives include the diversification of product offerings at TTDI to serve global markets, in line with growing worldwide demand for reliable T&D solutions. The investment responds to the twin challenges of rising electricity consumption, aging grid infrastructure, and the increased integration of renewable energy, aiming to ensure a stable and resilient global T&D equipment supply chain.

News by Rahul Yelligetti.