Hitachi Energy India has significantly aggressively raised its stakes in the nation’s rapidly expanding digital infrastructure. The company now aims to capture 30 percent of the total spending in India’s data centre industry, a steep increase from its previous target of 10 to 15 percent. This strategic shift is driven by the introduction of its comprehensive “grid-to-rack” power solution, which integrates power infrastructure from the main grid connection down to individual server rack distribution.
This market expansion aligns with an unprecedented boom in India’s data centre sector. Driven by rapid digital transformation, widespread cloud adoption, and escalating AI workloads, the market is projected to skyrocket from $5.55 billion in 2025 to $13.11 billion by 2034. Hitachi Energy, which already commands roughly half of India’s high-voltage direct current (HVDC) market, is uniquely positioned to capitalize on this growth.
To support this massive trajectory, the company recently announced a ₹2,000 crore investment in a new, greenfield large power transformer facility in Gujarat. This brings its cumulative capital expenditure to ₹4,000 crore across 19 factories in India. According to Managing Director and CEO Venu Nuguri, the company closed the fiscal year with a record order backlog of ₹29,600 crore.
Hitachi Energy is also actively scouting for strategic acquisitions in data centres, digital layers, and power consulting to bridge remaining capability gaps. The company views India’s surging electricity consumption as a major structural tailwind; the nation’s peak power demand hit a record 270.8 gigawatts in May and is projected to nearly double to 458 gigawatts by 2032. Given these massive energy requirements, Hitachi’s end-to-end power solutions will remain critical to sustaining India’s digital future.
