Unbelievable 239 per cent Returns! This Company Is Betting Big with a Rs 2,000 Crore Investment in India!

Building a Sustainable Future: Major Expansion Plans to Boost India's Energy Sector!

Hitachi Energy India Ltd. has unveiled plans to invest Rs 2,000 crore in expanding its operations across the country. This strategic move aligns with its long-term commitment to support India’s growing energy needs and to pave the way for a sustainable energy future. The investment will be directed toward increasing manufacturing capacity, diversifying the product portfolio, and nurturing local talent.

Major Expansion in Power Transformers and Railways Sector

A significant portion of the investment will go into expanding and upgrading Hitachi Energy’s power transformer factories. This includes increasing the capacity of large power transformers and enhancing the testing capabilities for specialty transformers. The company is also relocating its bushings factory to better meet the country's rising energy demands.

Additionally, the traction transformers factory will undergo capacity enhancements to support the ongoing modernization of India’s railway network. This is expected to strengthen the country’s transmission infrastructure, which is essential for meeting future energy needs.

Advancing Digitalization and Localized Solutions

Beyond expanding capacity, Hitachi Energy is focused on strengthening its supply chain and enhancing its digital capabilities. The company plans to introduce cutting-edge technologies, such as the REF650—its first medium-voltage product offering for the Indian market. The expansion will also include the localized development of Grid eXpand and Grid eMotion solutions, catering to India’s specific needs.

Celebrating 75 Years of Innovation: EDW75 Event in New Delhi

Marking 75 years of its presence in India, Hitachi Energy will host "Energy and Digital World 75" (EDW75) on October 7 and 8, 2024, in New Delhi. This event will bring together over 2,000 policymakers, regulators, diplomats, and industry leaders to discuss the future of energy and digitalization.

A Global Player with Local Roots

Formerly ABB Power Products, Hitachi Energy India Ltd.—a joint venture between Hitachi and ABB Power Grids—continues to lead in providing advanced energy solutions. The company's focus on expanding capacity, nurturing local talent, and developing sustainable technologies will play a key role in shaping India’s energy landscape.

Stock Price Performance

The stock has delivered a 155 per cent return on a year-to-date (YTD) basis and a 239 per cent return over the past year to its investors.