Toshiba to invest Rs 562 crore in Telangana to expand T&D manufacturing
Toshiba Transmission & Distribution Systems (India) (TTDI) will invest Rs 562 crore to expand its manufacturing capacity in Telangana. The announcement came after TTDI signed a memorandum of understanding (MoU) with the Telangana government during a ceremony in Tokyo. The event was attended by Telangana Chief Minister Anumula Revanth Reddy and Hiroshi Furuta, Chairman and Managing Director of TTDI. The investment is expected to create over 250 direct jobs over the next three years, starting…