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Toshiba to expand its presence in Telangana
The New Indian Express Hyderabad
|April 19, 2025
TOSHIBA Transmission & Distribution Systems (India) Pvt Ltd (TTDI) signed a Memorandum of Understanding (MoU) with the government of Telangana in Japan on Friday to set up a new manufacturing facility for surge arresters and expand its existing manufacturing units for power and distribution transformers and gas-insulated switchgear (GIS) at its Rudraram plant in the state.
TOSHIBA Transmission & Distribution Systems (India) Pvt Ltd (TTDI) signed a Memorandum of Understanding (MoU) with the government of Telangana in Japan on Friday to set up a new manufacturing facility for surge arresters and expand its existing manufacturing units for power and distribution transformers and gas-insulated switchgear (GIS) at its Rudraram plant in the state. The company has proposed to invest ₹562 crore.
The MoU was signed by Special Chief Secretary (Industries) Jayesh Ranjan and Hiroshi Furuta, CMD of TTDI, Telangana, in the presence of Chief Minister A Revanth Reddy. Hiroshi Kaneta, director, Energy Business, Toshiba Corporation, was also present.
This story is from the April 19, 2025 edition of The New Indian Express Hyderabad.
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