New Delhi, April 25 -- Hitachi Energy, the Swiss-based maker of transformers and power transmission equipment, is looking to open additional global capability centres (GCCs) in India to expand its local operations.
The move comes amid rising energy demand and India's push to scale up renewable energy generation.
We are looking at Hyderabad and also Pune for our new GCCs. It might take six months to one year, said Venu Nuguri, managing director and CEO of Hitachi Energy India, reported ET.
The new low-cost, offshore centres will work alongside but separately from the company's existing India operations.
India has set a target of 500 gigawatts of installed renewable energy capacity by 2030 as part of its green energy transition effor...