Hitachi Energy India Limited Overview
Pro stress-test →Hitachi Energy India Ltd (formerly ABB Power Products and Systems India Ltd) was created in 2019 as a joint venture between Hitachi and ABB's Power Grids, serving utility and industry customers with engineering, products, solutions, and services in power technology. On December 22, 2025, Hitachi Ltd acquired full ownership by purchasing a 19.9% stake.
Strategic Profile
Pro stress-test →The company offers electricity transmission products and services including cybersecurity, digitalization, power quality solutions, substation automation, and grid management software. In Q3 FY26, the company achieved 29.6% YoY revenue growth with robust profitability and a strong order backlog of ₹29,872.2 crore, positioning it as a key player in India's rapidly expanding power infrastructure sector.
Competitive Landscape
Pro stress-test →Hitachi Energy India operates in the Heavy Electrical Equipment subsector within Industrials. Key competitors in India's power equipment space include NTPC, Power Grid Corporation, Siemens India, and Bosch. The company's differentiation comes from Hitachi's global backing, technological expertise, and strong positioning in high-voltage transmission solutions and grid modernization.
Industry Context
Hitachi Energy India Limited operates in Heavy Electrical Equipment & Power Transmission.
Key facts
Founded: 2019 · Headquarters: Bengaluru, India · Employees: 2,481 · Revenue: ₹63.85 billion (FY2024) · Market cap: ₹113,218 crore (~$13.5B USD)