Hitachi India Pvt. Ltd. has announced the appointment of N Venu as its Managing Director, effective June 2, 2025. Venu will continue in his current roles as Managing Director & CEO of Hitachi Energy India Limited and Region Head of South Asia at Hitachi Energy. The appointment follows the elevation of Bharat Kaushal to the […]
Hitachi Energy India Ltd. reported a 228% year-on-year increase in orders for the financial year ending March 31, 2025, driven by a large high-voltage direct current (HVDC) order. The company’s annual revenue rose 23% to INR 64.421 billion, while profit after tax increased 134% from the previous year. For the January–March 2025 quarter (Q4FY25), orders […]
Hitachi has announced a senior leadership transition in India, with Bharat Kaushal appointed as Executive Chairman and acting Managing Director of Hitachi India, effective April 1, 2025. He will also continue serving as a Corporate Officer of Hitachi, Ltd., with responsibility for regional strategies in India. The development was shared through a company press release. […]
Hitachi Energy is strengthening its manufacturing presence in India as part of its strategy to enhance local production capabilities and support industrial growth. The company outlined its manufacturing initiatives in a recent interview with Bruno Melles, published in the IEEMA Journal. According to Melles, Hitachi Energy is expanding its operations in India with a focus […]
Hitachi Energy India has successfully raised INR 20 billion through a Qualified Institutional Placement (QIP), which was subscribed twice over. The offering, reportedly the largest of its kind this calendar year, was priced at an indicative INR 11,507 per share, with an option to increase the issue size to INR 30 billion. The funds will […]
Hitachi Energy India Limited has announced plans to raise up to ₹4,200 crore through equity shares or other securities. The company’s Board of Directors approved the proposal during a meeting on January 18, 2025. The funds may be raised in one or more tranches using methods such as public issues, rights issues, private placements, preferential […]
Hitachi Energy is advancing its operations in India with significant factory expansions and a $250 million investment over the next five years. The initiatives include a new production bay in Mysore, Karnataka, and a greenfield bushing factory in Halol, Vadodara, aimed at bolstering transformer manufacturing capacity to support India’s energy transition and grid modernization efforts. […]
Hitachi Automation India Private Limited (HAIPL) has inaugurated a new manufacturing facility in the Chakan Industrial Area, Pune, Maharashtra. This marks the company’s second operational plant in India, complementing its existing facility in Manesar, Haryana. The new facility is part of HAIPL’s efforts to expand its business in India and address growing demand in the […]
Hitachi Construction Machinery has announced plans to establish a new subsidiary, Hitachi Construction Machinery Development Center India Private Limited, in Hubballi, Karnataka, by late December 2024. The center will focus on the development and design of construction machinery, with operations expected to ramp up by April 2026. The company plans to invest 99 million rupees […]
Hitachi Construction Machinery and Sumitomo Heavy Industries are setting up new operations in India, targeting opportunities in the country’s infrastructure and industrial sectors. Hitachi Construction Machinery announced plans to increase hiring and develop products tailored for the Indian market. The company stated that these measures align with its strategy to expand its footprint in the […]
