By Enersider Desk | New Delhi | 12 June 2026
Hitachi Energy India Limited will invest approximately INR 2000 crore to establish a new Large Power Transformer factory in Karjan, Vadodara, according to a regulatory filing by the company on the National Stock Exchange of India (NSE).
The investment builds on the company’s 77-year history in India and is aimed at supporting the growing demand for electricity in the country. According to a report by the Central Electricity Authority, India will require investments totaling INR 7.93 lakh crore in transmission infrastructure to integrate more than 900 GW of non-fossil fuel-based energy by 2035.
The new factory will complement Hitachi Energy India’s existing footprint of power, dry distribution and traction transformer factories in Gujarat, and transformer insulation and components factories in Mysore and Halol. The factory is scheduled for completion in FY28. Once operational, it will support applications including high-voltage transmission, HVDC, power generation, AI data centers, and large-scale industrial applications.
N Venu, Managing Director & CEO, Hitachi Energy India Ltd, said: “This investment reflects our confidence in India’s energy future and the country’s growing stature as a strategic manufacturing base. By expanding our manufacturing presence, we aim to empower local communities, create skilled jobs, and deliver innovative solutions that support the country’s energy and sustainability goals.”
Bruno Melles, CEO, Transformers Business Unit, Hitachi Energy, said: “India is one of the fastest-growing energy markets globally. This new factory will strengthen our ability to serve customers locally while contributing to the nation’s self-reliance and infrastructure development.”
The factory is planned as a LEED-certified site with a focus on energy efficiency and reduced environmental impact. It will be developed as a fully digital facility integrating smart manufacturing technologies. The project is expected to create more than 1,000 direct and indirect jobs.
The investment forms part of Hitachi Energy’s global investment program to expand manufacturing capacity, R&D, engineering, and partnerships. Recent milestones include the commissioning of one of the world’s largest urban HVDC city center in-feeds in Mumbai.
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