Hitachi Energy India Limited has informed the Exchange regarding 'Clarification on Media Article titled "Hitachi Energy's next phase in Chennai at INR 2,000 crore to provide 3,000 jobs" published on October 16, 2025'.
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Hitachi Energy India has issued a clarification on a media report about its next phase of expansion in Chennai. The company confirmed plans for an investment of around ₹2,000 crore, which is expected to create approximately 3,000 jobs. This is part of the company's continued growth and capacity expansion in its Chennai facility. The clarification was issued in response to a media article published on October 16, 2025, suggesting the company wanted to provide official confirmation and details about the investment plan. This indicates a significant commitment to scaling up operations in India.
Positive for long-term shareholders — the ₹2,000 crore investment signals major capacity expansion, potential revenue growth, and job creation that could strengthen the company's market position in India's energy infrastructure sector.