Toshiba Corporation, a global electronics and energy giant, is considering investing Rs 3,000 crore in India over the next five years on its expansion plan.
As per its plan, the company intends to increase the capacities across its business segments, including power equipment, energy efficiency, and software development in India.
Apart from this, the company has chalked out a roadmap for expanding thermal power business in India and abroad using Toshiba JSW Power Systems' (TJPS) capacity. Recently, the company inked a JV with JSW Energy. The JV will look at establishing manufacturing facilities in other countries.
Besides, the company is in talks with the government of India for business opportunities in high speed rail projects.