Toshiba group plans capacity expansion to invest Rs 500 crore
Toshiba Transmission & Distribution Systems India (TTDI) has plans to increase its manufacturing capacity of power and distribution transformers by approximately 1.5 times. For this, the firm would invest Rs 500 crore. The expansion includes the CRGO facility and new assembly/test lines.
The firm also plans a surge arresters facility by 2024 and provide renewable energy technology like photovoltaic inverters, GIS, and inverter duty transformers.
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