Toshiba Corporation has announced that it will reinforce its transmission and distribution (T&D) business in India with a 3 billion yen ($30 million) investment in new production capacity at Toshiba Transmission & Distribution Systems (India) (TTDI) in Hyderabad.

A new line for large power transformers will come on line in spring 2015, at the same time as the full scale launch of a new line for switchgears.

Dr Katsutoshi Toda, chairman and managing director, TTDI, said: “India is a high growth market that Toshiba has positioned as a strategic base for its power-related businesses. In the period to FY2016, Toshiba plans to invest a cumulative 10-billion yen ($100-million) in its T&D business there, including this current round of investment.”

Alongside its existing production line of small- and medium-capacity transformers and low- and medium-voltage switchgears, the new power transformer line will support production of 765kV transformers with a capacity of 500MVA, while the new switchgear line will produce high voltage products.

“Toshiba is seeking to secure a 20 per cent share of the Indian market by 2018, and also reinforce Toshiba Transmission & Distribution Systems (India) as a core T&D production base for other major markets, including Europe, ASEAN, and Africa”, added Dr Toda. – TradeArabia News Service