Toshiba Plans Rs 562-Cr Investment In Telangana

New Delhi: Toshiba Energy Systems on Monday said its arm Toshiba Transmission has inked an initial pact to invest about Rs562 crore to expand manufacturing capacity in Telangana.

The memorandum of understanding (MoU) signing ceremony was held in Tokyo in the presence of Telangana Chief Minister Anumula Revanth Reddy and Hiroshi Furuta, Chairman and Managing Director, Toshiba Transmission & Distribution Systems (India) Private Limited (TTDI).

TTDI, a subsidiary of Toshiba Energy Systems & Solutions Corporation (Japan), has signed the MoU with the Telangana government on April 18, 2025, to advance its previously announced investment of JPY 10 billion (Rs562 crore) for expanding its manufacturing capabilities in the state, according to a statement.

“This MoU will bolster Toshiba’s manufacturing footprint in India and contribute to local employment and skills development. With strong support from the Government of Telangana, we are poised to accelerate our manufacturing capabilities and deliver high-quality, sustainable energy solutions for India and the world,” Furuta said.

As part of the agreement, the proposed investment of Rs562 crore is expected to generate over 250 direct jobs over the three years from FY2024, further contributing to the socio-economic development of the region.