Toshiba invests $30 million in Hyderabad factory – Feedback

Toshiba Transmission & Distribution Systems (India) today announced completion of a major 3-billion Yen investment (around $30 million) at its Hyderabad factory, an expansion which would enable it in meeting the growing domestic and global demand.

The investment has boosted production capacity for transformers up by 50 per cent and established a new line for production of ‘New Technology’ switchgears like gas insulated switchgears and solid insulated switchgears. The expansion would allow Toshiba Transmission & Distribution Systems (India) (TTDI) to meet growing demand in India and globally, said the wholly-owned subsidiary of Toshiba Corporation Japan.

http://economictimes.indiatimes.com/industry/cons-products/electronics/toshiba-invests-30-million-in-hyderabad-factory/articleshow/50852783.cms

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