Information and Technology,Infrastructure,Energy,Engineering sector projects by Toshiba India Pvt Ltd in
Project Information
5701
Toshiba India Pvt Ltd
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</xml><![endif]--><span style="font-size:11.0pt;line-height:115%;
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EN-US;mso-bidi-language:AR-SA">Global electronics and energy giant $61 Billion<span class="apple-converted-space"> </span></span><span style="font-size:
11.0pt;line-height:115%;font-family:"Tahoma","sans-serif";mso-fareast-font-family:
Calibri;mso-fareast-theme-font:minor-latin;border:none windowtext 1.0pt;
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EN-US;mso-bidi-language:AR-SA"> </span><span style="font-size:11.0pt;
line-height:115%;font-family:"Tahoma","sans-serif";mso-fareast-font-family:
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mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">Corporation
today announced it will invest over Rs 3,000 crore in India to ramp up
capacities across business segments, including<span class="apple-converted-space"> </span></span><span style="font-size:
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EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">power equipment</span><span style="font-size:11.0pt;line-height:115%;font-family:"Tahoma","sans-serif";
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mso-border-alt:none windowtext 0in;padding:0in;background:white;mso-ansi-language:
EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">energy efficiency</span><span style="font-size:11.0pt;line-height:115%;font-family:"Tahoma","sans-serif";
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background:white;mso-ansi-language:EN-US;mso-fareast-language:EN-US;mso-bidi-language:
AR-SA">and software development over the next five years.</span><span style="font-size:11.0pt;line-height:115%;font-family:"Tahoma","sans-serif";
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<br style="orphans: auto;text-align:start;widows: auto;-webkit-text-stroke-width: 0px;
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<span style="background:white"><span style="orphans: auto;text-align:start;
widows: auto;-webkit-text-stroke-width: 0px;float:none;word-spacing:0px">The
company also said it will hire 5,000 employees locally over the period
including engineers and technicians to expand manufacturing facilities that
will help develop India as an export hub for markets in South-East Asia,
Middle-East and African countries.</span></span><br style="orphans: auto;
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<span style="background:white"><span style="orphans: auto;text-align:start;
widows: auto;-webkit-text-stroke-width: 0px;float:none;word-spacing:0px">“Toshiba
will position India as a world business hub in its thermal power, energy
transmission and distribution equipment and software development businesses,”<span class="apple-converted-space"> </span></span></span></span><span style="font-size:11.0pt;line-height:115%;font-family:"Tahoma","sans-serif";
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EN-US;mso-fareast-language:EN-US;mso-bidi-language:AR-SA">Hisao Tanaka</span><span style="font-size:11.0pt;line-height:115%;font-family:"Tahoma","sans-serif";
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AR-SA">, President and Chief Executive Officer (CEO) of the Tokyo-headquartered
company said. He added the company hopes to raise sales of Rs 18,000 crore from
India by 2017.</span><span style="font-size:11.0pt;line-height:115%;
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<span style="background:white"><span style="orphans: auto;text-align:start;
widows: auto;-webkit-text-stroke-width: 0px;float:none;word-spacing:0px">Tanaka
is on his maiden visit to India accompanied by the firm’s top executives. The
delegation follows Japanese Premier Shinzo Abe’s visit last month when he met
Prime Minister Manmohan Singh and promised $2 billion low-interest loans to
India for development of metro train infrastructure and energy saving projects.
Tanaka said his itinerary includes meetings with Indian ministers, bureaucrats,
customers and potential partners.</span></span><br style="orphans: auto;
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<span style="background:white"><span style="orphans: auto;text-align:start;
widows: auto;-webkit-text-stroke-width: 0px;float:none;word-spacing:0px">“We
started India business with selling a hydro power plants’ turbine and a
generators in 1960s. In the next phase, starting 1980s we focused on colour
TVs, computers and software. Now, India will play a big role in infrastructure
business expansion including power generation,” Tanaka said. He added the
company plans to ramp up its India turnover of $400 million to $3 billion in
five years. Infrastructure business accounts for around a half of Toshiba’s
global revenues and comprises power systems and healthcare (medical equipment).</span></span><br style="orphans: auto;text-align:start;widows: auto;-webkit-text-stroke-width: 0px;
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<span style="background:white"><span style="orphans: auto;text-align:start;
widows: auto;-webkit-text-stroke-width: 0px;float:none;word-spacing:0px">Tanaka
also said Toshiba is in talks with the Indian government for a business
opportunity in the High Speed (HSD) Rail project. Indian Railways is currently
conducting a feasibility study for running such trains on a pilot basis between
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UnhideWhenUsed="false" Name="Colorful List Accent 6"/>
<w:LsdException Locked="false" Priority="73" SemiHidden="false"
UnhideWhenUsed="false" Name="Colorful Grid Accent 6"/>
<w:LsdException Locked="false" Priority="19" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Emphasis"/>
<w:LsdException Locked="false" Priority="21" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Emphasis"/>
<w:LsdException Locked="false" Priority="31" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Subtle Reference"/>
<w:LsdException Locked="false" Priority="32" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Intense Reference"/>
<w:LsdException Locked="false" Priority="33" SemiHidden="false"
UnhideWhenUsed="false" QFormat="true" Name="Book Title"/>
<w:LsdException Locked="false" Priority="37" Name="Bibliography"/>
<w:LsdException Locked="false" Priority="39" QFormat="true" Name="TOC Heading"/>
</w:LatentStyles>
</xml><![endif]--><!--[if gte mso 10]>
<style>
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-priority:99;
mso-style-qformat:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin-top:0in;
mso-para-margin-right:0in;
mso-para-margin-bottom:10.0pt;
mso-para-margin-left:0in;
line-height:115%;
mso-pagination:widow-orphan;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
mso-ascii-font-family:Calibri;
mso-ascii-theme-font:minor-latin;
mso-fareast-font-family:"Times New Roman";
mso-fareast-theme-font:minor-fareast;
mso-hansi-font-family:Calibri;
mso-hansi-theme-font:minor-latin;
mso-bidi-font-family:"Times New Roman";
mso-bidi-theme-font:minor-bidi;}
</style>
<![endif]-->
Project Value
INR 3000 Crore /-
Conceptual
Multi State
India
Information and Technology,Infrastructure,Energy,Engineering
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