Newsletter    Celebrating India's 78^th Independence Day

Empowering India: Toshiba Celebrates India's 78^th Independence Day with a Commitment to Sustainability and Digital Transformation

As India propels towards becoming a $10 trillion economy in the next decade, Toshiba looks forward to furthering its contribution to India in the last 60 years and reiterates its commitment to India for a new day.

In this special Independence Day Celebrations edition of our newsletter, we are pleased to showcase Toshiba’s next phase of business growth pivoted on two key pillars, Green Transformation (GX) and Digital Transformation (DX)

Message from Mr. Shuichi Ito, Managing Director, Toshiba India Private Limited

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India continues to be a focus market for Toshiba Group and is emerging as a key manufacturing hub and export base. As a proven partner in supporting India's sustainable growth, Toshiba reaffirms its commitment to initiatives like Make in India, Export from India, Digital India, and Clean India, amongst others, highlighting its continued dedication to the country's progress. By investing in innovative solutions and local partnerships, Toshiba is committed to ensuring a prosperous and sustainable future for India.

Toshiba Group's energy & infrastructure businesses are closely aligned with India’s green growth vision and are well positioned to address country's key social challenges through Green Transformation (GX) and Digital Transformation (DX).

In energy sector, Toshiba offers complete energy solutions for "making", "storing", and "using” energy wisely. To help India increase the share of clean power, Toshiba offers reliable products and solutions for environment-friendly hydroelectric power generation, including pumped storage equipment. Majority of power is generated by thermal power plants in India. To reduce CO₂ emissions from sources including power plants, Toshiba can provide high efficiency equipment and innovative solutions like Carbon Dioxide Capture Utilization and Storage (CCUS) solution, which helps to separate and capture CO₂ from its source. To strengthen renewable energy transmission & distribution (T&D) infrastructure, Toshiba is expanding manufacturing capacity of power and distribution transformers. 40% of Toshiba’s India-made T&D equipment is already being used for renewable energy

Toshiba rechargeable lithium-ion battery “SCiB^TM” can minimize environmental impact and contribute to carbon neutrality. It helps reduce fuel consumption and CO₂ / NOx emissions and can be widely used for vehicle, industrial and infrastructure applications, including automobiles, buses, railroad cars, vessels and peak shaving. Additionally, Toshiba actively contributes to water pollution abatement in rivers by building sustainable water and wastewater infrastructure in India.

Toshiba is also leading digital transformation in India. In energy sector, Toshiba’s advanced IoT solutions like EtaPRO^® can support predictive maintenance and performance monitoring for power plants. In software, Toshiba’s expertise in Artificial Intelligence (AI) and Machine Learning (ML) research is enhancing IoT and Cloud solutions to streamline manufacturing and supply chain operations, fostering a circular economy. For India’s infrastructure needs, Toshiba offers IoT systems for water and wastewater facilities and state-of-the-art vertical transportation solutions with remote maintenance capabilities. The Group also offer Quantum Key Distribution (QKD) technology that can help India fortify its cybersecurity against cyberattacks.

Toshiba’s India businesses have registered remarkable year-on-year business growth and expansion in India. Expanding on its Make-in-India and Export-from-India strategy, Toshiba has successfully supplied India-made transformers to over 50 countries including Europe and USA. Continuing its growth momentum in elevator segment, Toshiba has established a foothold in 18 of India's major cities and is working with over 300 renowned customers. Toshiba rechargeable lithium-ion battery “SCiB^TM”, which is ideal for hybrid vehicles, is also receiving encouraging response from the industry. Supporting India’s Clean Ganga initiative, Toshiba is involved in construction of 10 sewage treatment plants (STPs) across 3 states with a combined capacity of over 181 million liters per day.

The Group’s investments in India has also seen a significant uptick. Toshiba’s T&D equipment factory has been promoting in-house production of major components and increasing the ratio of procurement in India, which is currently over 60%. To further support its Make in India initiative, Toshiba recently announced investment of over 500 crore Rupees to increase production capacity of power transmission & distribution equipment in India.

For over 60 years, Toshiba has been an integral part of India’s socio-economic fabric. Through its efforts, Toshiba is not only contributing to India's economic progress but also ensuring a greener, more sustainable future for generations to come. Toshiba remains steadfast in its partnership with India, committed to supporting the country’s sustainable growth journey.

Business Leaders of Toshiba Group Companies in India

Top Row Left to Right:Mr. Katsuhiko Sato, Mr. Shuichi Ito, Mr. Hiroaki Kobayashi.
Bottom Row Left to Right: Mr. Hiroshi Furuta, Mr. Daisuke Murata, Mr. Ramdas Baliga.

Toshiba Group Companies in India

A key factor contributing to its success in India is the diverse portfolio of Toshiba Group companies operating nationwide. They support Toshiba's strategic growth goals and contribute significantly to India's sustainable development agenda, fostering a mutually beneficial partnership that propels growth and innovation forward.

Toshiba India Private Limited (TIPL): Toshiba India has been contributing towards India's sustainable development by providing Hydroelectric power solutions, railway systems, SCiB^TM rechargeable batteries and security & automation products. Toshiba rechargeable lithium-ion battery "SCiB^TM" contribute to carbon neutrality and have diverse applications across industries. Our SCiB^TM rechargeable batteries are receiving encouraging response from the automotive industry. Toshiba in India has already been supplying equipment for both conventional and pumped storage Hydroelectric power plants, and has now expanded its operations to include maintenance and complete overhaul services for Hydroelectric power plants. Toshiba has been involved in numerous highly successful Hydroelectric power projects in the country, all operating smoothly for years, much beyond their life expectancy. Toshiba India Railway System division, in its commitment to continued progress, has consistently achieved technological breakthroughs on the three systems that shape the future – Rolling Stock Systems, Power Supply Systems, and Information Systems.

Toshiba JSW Power Systems Private Limited (Toshiba JSW): Toshiba JSW is committed to modernizing the power sector and progressing toward a carbon-neutral society. Recently, they demonstrated their extensive service capabilities by quickly restoring a shutdown unit to limited capacity power generation. Engineers at Toshiba JSW are also advancing their expertise in CCUS solution technology through collaboration with Toshiba Japan. The company's advanced Heavy Engineering manufacturing facility boasts modern high-precision machines and fabrication capabilities, ideal for producing, assembling, and testing large-scale precision components for multiple industries.

“Toshiba is dedicated to promoting sustainable development worldwide. We will bolster our Make-in-India program and Export-from-India initiatives by expanding our business presence in overseas markets including Southeast Asia, the Middle East and Africa. By fully utilising our world-class manufacturing facility in Chennai and the Global Engineering Centre in Gurugram, we will provide high quality products and services, supported by excellent installation supervision by our certified Indian technical advisors to our customers in India and globally.” – Mr. Daisuke Murata, Managing Director, Toshiba JSW

Toshiba Transmission and Distribution Systems (India) Private Limited (TTDI): TTDI leverages advanced technology, integrated processes, state-of-the-art manufacturing facilities, massive production capacity, and a skilled workforce to produce high-quality T&D equipment in India. TTDI is increasing its manufacturing capacity for power and distribution transformers with an investment of over INR 500 crore.

“Toshiba is a world leader in the supply of T&D equipment for both conventional and renewable energy sources. With India established as a hub for our T&D equipment manufacturing operations and export base, TTDI has successfully supplied India-made transformers to over 50 countries. Furthering our commitment to Make-in-India and Export-from-India, the new investment will improve operational efficiency, increase speed-to-market, and support in improvement of our service in India and overseas.” – Mr. Hiroshi Furuta, Chairman and Managing Director, TTDI.

Toshiba Water Solutions Private Limited (Toshiba Water): With an engineering center in Gurugram, India, Toshiba Water provides complete, single-source services from engineering, design to construction, installation and O&M of water and wastewater treatment facilities. From bringing new technology like large-scale Ozone Treatment System that was delivered at one of the largest-scale ozonation systems for a water treatment plant in India, to being an active contributor to the government’s ‘Clean Ganga’ initiative, Toshiba Water is supporting India’s quest to build sustainable water and wastewater infrastructure. In international markets, Toshiba Water has been able to demonstrate its competitiveness and capability. The company intends to expand its business in international market by utilizing its experience and resources in India.

“By leveraging our water treatment solutions and technologies cultivated through years of development and extensive experience in overseas EPC and O&M projects, Toshiba Water is committed to contribute to sustainable water recycling systems in India as well as outside of India, to turn on the promise of a new day. Toshiba Water’s proficiency and proven track record is further illustrated by our recent achievement of securing five contracts in Trinidad & Tobago, funded by the International Development Bank.” – Mr. Hiroaki Kobayashi, Chairperson and Managing Director, Toshiba Water.

Toshiba Software India Private Limited (TSIP): TSIP creates state-of-art products & software solutions by leveraging technologies like AI/ML, IoT, Cloud solutions, Embedded Software & Systems Development, Application Development, Software Testing, Data Science and ERP Solutions across multiple domains. The use of generative AI and R&D in the energy and social infrastructure domains, where security is required, will be the key. Toshiba will accelerate R&D in this area by further strengthening the use of AI engineers in India, who have a solid backbone in statistics and mathematics.

“Digital transformation with agility will play a huge role in accelerating India’s economic growth by introducing automation into all spheres of products and services. The IT industry has witnessed remarkable growth and emphasis on digital transformation, with a particular focus on adopting advanced technologies like AI, IoT, and robotics to drive efficiency and innovation applied to traditional industries. TSIP continues to be at the forefront of developing cutting-edge Digital technology solutions with agility to create a better world and a sustainable future for people and our planet.” – Mr. Ramdas Baliga, Managing Director, TSIP.

Toshiba Johnson Elevators India Private Limited (TJEI): TJEI is India's leading elevator company that provides world-class, energy-efficient and safe vertical transportation systems in the Indian elevator & escalator market. TJEI has established a foothold in 18 of India's major cities and is working with over 300 renowned customers across the country. Continuing its growth momentum, TJEI has achieved a remarkable feat by effectively managing 4000 elevators, showcasing a blend of high service quality, meticulous spare parts management, customer education initiatives, rigorous in-house training programs, and strategic planning.

“Through our Annual Maintenance Contracts (AMC) of local demand, TJEI is building a sustainable future by focusing on developing products that support modern life and society, and are in harmony with the environment. Harnessing the full range of Toshiba’s technological innovations, we aim to enhance the delight of our customers in our products and win their complete trust in Toshiba elevators.” – Mr. Katsuhiko Sato, Managing Director, TJEI