Hitachi Energy to Invest ₹1,000 Crore in Tamil Nadu, Signs MoU with State Government.

Hitachi Energy, the Switzerland-based subsidiary of the Hitachi Group, has signed a memorandum of understanding (MoU) with the Tamil Nadu government's Department of Industries, Investment Promotion and Commerce to expand its operations in the state.

Under the agreement, the company will invest ₹1,000 crore to expand its Global Technology and Innovation Centre in Chennai and its manufacturing facility in Chengalpattu.

The investment, to be made over the next three to five years, is expected to generate around 1,000 additional high-quality technology jobs, according to a statement issued by the Tamil Nadu government.

The expansion is aimed at strengthening Hitachi Energy's technology and manufacturing capabilities in the state while supporting Tamil Nadu's position as a key hub for advanced engineering and industrial investment.