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Toshiba T&D Systems to invest in Hyderabad factory

Friday, 05 Feb 2016
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Toshiba Transmission & Distribution Systems (India) (TTDI), a wholly owned subsidiary of Toshiba Corporation Japan, will invest an additional Rs 200 crore on its Hyderabad factory by 2017 as part of plans to develop the facility as a global manufacturing hub.

The new investments will result in creation of 1,000 more jobs.

The TTDI seeks to expand its business through full scale operations and provide cost-competitive products by localising procurement, design and manufacturing within India.

 
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