Hitachi Energy, a Switzerland-based technology company, plans to invest ₹2,000 crore in India over the next 4-5 years. The investment will focus on expanding its transformer manufacturing capacity, enhancing its talent pool, and growing its product portfolio. According to N Venu, MD & CEO of Hitachi Energy India and South Asia, the funds will be used to build both large and small power transformers, dry and traction transformers, as well as strengthen the company’s high voltage direct current (HVDC) capacity and insulation components.