Japanese firm Hitachi Ltd today said it has initiated manufacturing operations at a new facility in Gujarat.
Hitachi Hi-Rel Power Electronics, a group firm of Hitachi, has started operations at a new manufacturing facility in the Sanand-II Gujarat Industrial Development Corporation (GIDC) Estate, Hitachi said in a statement.
"With this new factory now operating alongside its existing Gandhinagar factory, Hitachi Hi-Rel intends to enhance the lineup of industrial power electronics for use in plants in fields such as power generation, steel making, and chemicals," it added.
The new factory will produce industrial power electronics products such as medium-voltage and low voltage inverter drives steel automation drives and industrial automation products to increase its lineup of offerings.
In order to expand business, Hitachi Hi-Rel Power Electronics is also looking at increasing production capacity and exporting products to regions like Middle East, Southeast Asia, Africa among others.
"Through these and other measures, Hitachi Hi-Rel aims to generate revenues of 8 billion Indian Rupees in the fiscal year ending March 31, 2016," the company said.
Hi-Rel Electronics became a subsidiary of Hitachi in October 2011.
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