Hitachi Energy India supplies power transmission and grid equipment, engineering and services to Indian utilities and industry. The listed company was formerly ABB Power Products and Systems India and became part of Hitachi Energy after Hitachi took over the ABB power grids business.
Ownership and structure
Hitachi Energy holds its Indian business through the listed subsidiary Hitachi Energy India Limited, formerly ABB Power Products and Systems India Limited. Hitachi Energy India Limited is listed on the NSE and BSE under the symbol POWERINDIA, with Hitachi Energy holding 71.31 percent as of September 2026.
What India does for Hitachi Energy
India is a manufacturing and sales base for Hitachi Energy, with transformer and grid equipment factories and an R&D centre serving Indian utilities and railways.
Investment and deals
In October 2024 Hitachi Energy India announced an investment of about Rs 2,000 crore over four to five years to expand transformer, bushing and testing capacity.
Hitachi Energy's India business
Hitachi Energy India Limited was previously named ABB Power Products and Systems India Limited. Its parent Hitachi Energy held 71.31 percent of the listed company as of September 2026.
The company marks 75 years of operating in India.
Key moves in India
- 2019: ABB's power grids business in India was demerged from ABB India in December into a standalone company.
- 2020: The company listed on BSE and NSE in March as ABB Power Products and Systems India Limited.
- 2024: Hitachi Energy India announced a Rs 2,000 crore capacity expansion over four to five years.
- 2025: It raised Rs 2,520.82 crore through a qualified institutional placement in March, diluting the parent's stake from 75 percent to 71.31 percent.
Where it operates
Hitachi Energy runs its India business from Bengaluru. It also has a presence in Chennai, Vadodara, Mysuru, Gurugram, Mumbai, Hyderabad, Kolkata and Ahmedabad.
At a glance
- Home country: Switzerland
- Global headquarters: Zurich
- Sector: Infrastructure & Data Centres
- Business: Power grids
- Role of India: Manufacturing base, Sales market, R&D and engineering hub
- India entity: Hitachi Energy India Limited
- Listed in India: Hitachi Energy India Limited (POWERINDIA)
- India head office: Bengaluru
- India offices: Bengaluru, Chennai, Vadodara, Mysuru, Gurugram, Mumbai, Hyderabad, Kolkata, Ahmedabad
- India headcount: Not available
- In India since: 1949
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