Hitachi Energy India overview
Because of all the leaps in Technology with AI and data centres, and industrialisation energy companies are struggling to meet the demand needed. This is further challenged by the need of using renewable and sustainable energy. The energy sector is expected to be hit by the geopolitical tensions but increased investment in renewable energy should be enough to contradict that. Renewable energy sources have increased by 11 percent towards the goal to reach 50 percent renewable energy by 2030. There are a lot of PLI and schemes in place by the government to try to get this thing going and to achieve their sustainable energy goals. They have a very comprehensive energy solution portfolio. Along with this their offerings for e-mobility, data centres and industry provides them with an opportunity to grow extensively. 50 percent of their revenues come from utilities and renewables, then transport and infrastructure, and lastly industries. More than 75 percent of their revenue comes from products. They believe that they have a huge upside because of Indias evolving energy needs and since they have been a player for almost 70 years they are in a strong position to capitalise on the opportunity presented. They provide offerings for 4 main segments which are gird automation, grid integration, high voltage products, and transformers. Grid automation is a portfolio of solutions for all key segments connected to energy systems. Grid integration offers a range of transmission and substation applications and facilitate integration of the future digital electric network. For their high voltage product business they offer a wide range of high voltage products for both AC and DC. Lastly for their transformers business they do end to end solutions power transformers, traction transformers, insulation and component, digital sensors, and transformer services. They launched a few new products in 2024 all to help with integration and automation of the factories. They have several new and ongoing products on the way to further help with sustainable energy. With all the focus to achieve a net zero carbon environment something that has became equally crucial is digitalisation of the power systems to manage the various challenges. Because of the rapid advancements in everything the need for reliable and sustainable energy has increased significantly. Their products are also well designed to meet evolving and high growth sectors such as data centres. They are also a long standing partner with Indian railways allowing them to help the railways on the journey to better and more modern trains. They are now focusing on expanding their exports which now account for only 25 percent of their order book. Currently half of high voltage direct current link transmit power using Hitachi. Some key things that they are thinking of doing in the future include investment focused on local emerging sections, and gaining authority in emerging markets. They have a good strong growing order backlog. Indias economic growth is expected to be faster than any other country because of this and the need for better tech and more power, the energy segment is also expected to preform above the market average. Despite good growth in clean energy investments there is still need for more if they want to meet the target of zero energy by 2070. The total export orders number was up by 43 percent since last year. Overview. Because of the growing Indian market and the higher needs for electricity because of growing demand for data centres and digitisation. They have a lot of products for 4 units of their business which is grid automation, grid integration, high voltage products, and transformers. They control half of all high voltage direct current links and see a significant opportunity in data centres and industry. They are also a sustainable energy company so that also helps them as the whole world is trying to look more into renewable energy and sustainable energy.