- CEO
- Venu Nuguri
- Full Time Employees
- 3,578
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- Brigade Opus Bangalore KA India 560 092
- IPO Date
- Mar 30, 2020
- Business
- Hitachi Energy India Limited (POWERINDIA.NS) manufactures and supplies products, projects, and services for electricity transmission and distribution in India and internationally. The company offers high-voltage direct current (HVDC) systems; substation automation, protection, and control solutions; transformers including large power and specialty types; capacitors, filters, surge arresters, disconnectors, generator circuit-breakers, cable accessories, cooling systems, energy storage, semiconductors, insulation components, and substations; along with services such as installation, commissioning, asset management, maintenance, upgrades, repairs, consulting, training, and decarbonization support. Founded in 1949 with operations starting that year and headquartered in Vadodara, Gujarat, the company maintains 19 factories across eight locations including Gujarat, Karnataka, and Tamil Nadu; employs over 7,500 people including 3,000 technologists; and serves utilities, industries, transportation, data centers, infrastructure, and renewable energy sectors with a $10 billion installed base. As a subsidiary of Hitachi Energy headquartered in Switzerland, it focuses on grid integration for renewables, electrification, and digital solutions aligned with India's net-zero goals.
In recent developments, Hitachi Energy India announces robust Q2FY26 results with a strong orderbook, resilient margins, and growth in transmission and renewables; expands its Mysuru facility for global supply of ultra low-carbon transformer-grade pressboard; and invests approximately Rs 2,000 crore over 4-5 years in manufacturing capacity including large power transformers, testing capabilities, bushings relocation, traction transformers for railways, network control solutions, Grid eXpand, Grid eMotion, and medium-voltage REF650 products to support energy transition, offshore wind, and electric mobility. The company marks 75 years in India in 2024, having pioneered over half of the nation's HVDC links and partnered with Indian Railways on Scott Transformers for high-speed rail and metro automation; it also strengthens local supply chains under Make in India for domestic and export markets. These initiatives align with Hitachi Energy's $6 billion global investment in manufacturing, engineering, digitalization, R&D, and partnerships.