Hitachi Energy India Ltd., (Hitachi Energy India) today announced an investment of INR 300 crores in its insulation and components business in India by expanding its manufacturing facility in Mysuru, Karnataka. The expansion will double the facility’s capacity to produce EHV class high-quality pressboard and laminated board, a vital insulation material used in power and distribution transformers. As part of the expansion, Hitachi Energy India will replace the fossil fuel boiler, making its Mysuru site an ultra-low carbon pressboard facility.
Announced in October 2024, this is part of Hitachi Energy India’s ₹2,000 Crore India investment plan, which will be spread over the next 4- 5 years.
Sharing his views on the expansion, N Venu, Managing Director & CEO, Hitachi Energy India said, “With this expansion, we’re proud to support India’s growing grid and renewable energy integration – while strengthening the local energy manufacturing ecosystem for a more sustainable future.”
Reiterating the focus on supporting India’s energy ecosystem, Helmut Bockshammer, Global Product Group Manager for Transformers Insulation and Components, Hitachi Energy, stated, “This expansion strengthens our commitment to India’s energy future. By localizing pressboard production, we’re securing supply chains, boosting reliability, and supporting the shift to renewables.”
Demand for electricity in India and globally is growing exponentially – industry and energy infrastructure must significantly step up capacity and capability, in a sustainable manner, to enable this transition. Transformers are the backbone of the power grid, playing a critical role in high-voltage electricity transmission. Innovation is key to manage variability, ensure grid stability, balancing a more decentralized energy system. In transformers, high-quality insulation material acts as a proactive barrier, keeping the flow of electricity safe and preventing internal short circuits.
Today, there is a significant gap between demand and availability of transformers and components in India and globally. The expansion of Hitachi Energy India’s Mysuru facility is a strategic response to address this shortage by boosting the supply of insulation material across India and markets like the U.A.E., Oman, Kuwait, Saudi Arabia, Turkey, Indonesia, South Korea, and South Africa. With the expansion, Hitachi Energy will be able to meet the demands of global customers while supporting its long-term sustainability goals.
The project will be completed by mid-2027, marking a key milestone in Hitachi Energy’s long-term growth in India.
About Hitachi Energy
Hitachi Energy is a global technology leader in electrification, powering a sustainable energy future with innovative power grid technologies with digital at the core. Over three billion people depend on our technologies to power their daily lives. With over a century in pioneering mission-critical technologies like high-voltage, transformers, automation, and power electronics, we are addressing the most urgent energy challenge of our time – balancing soaring electricity demand, while decarbonizing the power system. With an unparalleled installed base in over 140 countries, we co-create and build long-term partnerships across the utility, industry, transportation, data centers, and infrastructure sectors. Headquartered in Switzerland, we employ over 50,000 people in 60 countries and generate revenues of around $16 billion USD.
