India, Oct. 27 -- Transformers and Rectifiers (India) Limited (TARIL) has announced an investment of Rs 1,250 crore to establish three greenfield manufacturing plants at its Chiyada manufacturing complex in Gujarat, aimed at strengthening India's domestic power equipment manufacturing ecosystem and creating more than 1,000 direct jobs.
The proposed facilities will manufacture bushings, pressboard and insulation materials, and continuously transposed conductors (CTC), which are critical components used in high-voltage transformers and power transmission infrastructure.
The investment is aimed at reducing import dependence, strengthening supply chain resilience and improving the domestic availability of essential components as India expands...