Toshiba India Private Limited

What Toshiba India Private Limited does

Toshiba India Private Limited (TIPL) is the Indian operating holding entity for Toshiba Corporation, Japan, founded in 2001 and headquartered in Gurugram with a registered office in Delhi. It coordinates seven subsidiaries and joint ventures spanning power generation (TJPS thermal power, TPSC hydroelectric), transmission and distribution (TTDI), water and wastewater treatment (TWS), elevators (TJEI joint venture with Johnson Lifts), commercial air conditioning (TCAI joint venture with United Technologies), and software development (TSIP with 1,000+ AI/IT engineers). The group has operated in India for over 60 years since opening a representative office in 1963 and now employs more than 8,000 people across Indian operations.

The company's product portfolio centers on heavy electrical infrastructure and social systems. Core offerings include thermal and hydroelectric power systems (steam turbines, generators, supercritical/ultra-supercritical turbines), transmission and distribution equipment (UHV transformers, distribution transformers, indigenously developed 132kV and 220kV mobile GIS systems, surge arresters), railway electrification systems, SCiB lithium-titanium-oxide rechargeable batteries, water and wastewater treatment plants (SBR/MBR-based STPs, gravity-filter WTPs, HERO-based ZLD systems), elevators (ELCOSMO, SPACEL, ELBRIGHT series), VRF air conditioning (SMMS7), and GridDB distributed time-series database for IoT/Big Data. Technology differentiation comes from proprietary platforms including SCiB LTO battery chemistry, adjustable-speed pumped storage technology (world-first installed 1990), H2One hydrogen energy systems, and iF Design Gold-awarded FLOORNAVI destination control for elevators. TTDI's Rudraram, Telangana facility is the manufacturing anchor, with 6,000 employees producing transformers and switchgears exported to over 50 countries.

Toshiba India's revenue model is primarily B2B enterprise direct sales to government utilities (POWERGRID, NTPC, state discoms, BWSSB, UPJN, BUIDCO) and large enterprise customers (DLF, CapitaLand, VTP Group, Surat Diamond Bourse), supplemented by authorized dealer networks across 17 Indian cities for elevators and HVAC. Revenue streams include hardware sales (transformers, switchgears, turbines, batteries), EPC turnkey projects with multi-year O&M contracts (15-year O&M for BUIDCO STP, 7-year for BWSSB), and emerging subscription/managed services such as GridDB Cloud on Azure Marketplace. Pricing is project-specific and not publicly disclosed. The company leverages Toshiba Corporation's global R&D heritage and Japanese manufacturing standards (JIM certification, IS 16046 for batteries) as a quality premium, while pursuing localization under India's Make in India and Export from India initiatives.

Name

Toshiba India Private Limited

Legal name

Toshiba India Private Limited

Website

https://toshiba-india.com

Company type

Private

Founded year

2001

Operating status

Operating

Short description

Toshiba India Private Limited coordinates seven Toshiba Corporation subsidiaries in India, delivering power generation equipment, transmission and distribution systems, water treatment, elevators, batteries, and HVAC to government utilities and large enterprises under B2B enterprise sales.

Ownership category

akta.pro rank

Product category

Power and Social Infrastructure Equipment

NAICS

Electric Bulk Power Transmission and Control (221121), Electric Power Generation, Transmission and Distribution (2211), Battery Manufacturing (335910), Turbine and Turbine Generator Set Units Manufacturing (333611), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (3334)

SIC

Switchgear & Switchboard Apparatus (3613), Engines & Turbines (3510), Motors & Generators (3621), Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip (3585)

akta.pro primary industry

Substation EPC (AIS/GIS) & Switchyard Construction (EUAEABAC)

akta.pro secondary industries

Turnkey distribution buildouts (feeders, reclosers, capacitor banks, line extensions) (EUADAKAK), Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI), Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK)

Keywords

• Power transmission equipment
• Water treatment solutions
• Elevator systems
• Industrial battery storage
• Steam turbine generators

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Infrastructure Systems & Solutions Sales: Direct B2B sales of large infrastructure systems including power transmission & distribution equipment, railway systems, elevators, water treatment plants, and HVAC systems to government utilities and enterprise customers.
2. Energy Systems & Solutions: Sales of thermal power systems, hydroelectric power systems, and transmission & distribution products including transformers, switchgears, and power grid solutions.
3. Engineering, Procurement & Construction (EPC): Turnkey solutions for water and wastewater treatment plants including design, construction, installation, and operation & maintenance services.
4. Operation & Maintenance Services: Long-term O&M contracts for installed infrastructure including water treatment facilities and elevators.
5. Battery Solutions: SCiB™ lithium-ion battery sales for industrial applications including electric vehicles, grid storage, and backup power systems.
6. GridDB Cloud Services: High-performance database offered as fully managed cloud service with time-series data management and petabyte-scale scalability.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Toshiba India Private Limited designs, manufactures and delivers B2B infrastructure systems including power generation equipment (thermal and hydro steam turbines, generators), transmission and distribution products (power and distribution transformers, GIS switchgears, indigenous mobile GIS, protection systems, surge arresters), SCiB lithium-ion battery storage, water and wastewater treatment plants (STP, WTP, ZLD systems), elevators (ELCOSMO, SPACEL, ELBRIGHT series), VRF air conditioning, railway electrification equipment and digital/CPS technology platforms including GridDB time-series database. TIPL operates through seven subsidiaries and joint ventures, manufacturing at the Rudraram Telangana facility and supporting long-term operation and maintenance contracts.

Product overview

Toshiba India Private Limited operates as a B2B-focused company providing energy systems, social infrastructure, and digital technology solutions. The portfolio includes power generation equipment (thermal and hydroelectric power systems, steam turbines, generators), transmission and distribution products (transformers, GIS switchgears, surge arresters), and infrastructure solutions including elevators, water treatment systems, railway systems, and battery technology. Key product lines include SCiB rechargeable lithium-ion batteries, GridDB time-series database for IoT/Big Data, H2One hydrogen energy systems, and mobile GIS systems. The company also offers Variable Refrigerant Flow (VRF) air conditioning systems under the SMMS7 platform, and comprehensive elevator solutions (ELCOSMO, SPACEL, and NEW ELBRIGHT series). Water and wastewater treatment capabilities encompass sewage treatment plants, water treatment plants, and zero liquid discharge systems. The company supports Make in India and Export from India initiatives through local manufacturing operations in Rudraram, Telangana and other facilities.

Differentiator

Problem solved

Functional benefit

Brands

• SCiB: Toshiba's rechargeable lithium-ion battery using Lithium Titanium Oxide (LTO) technology, known for safety, long life, rapid charging, and high input/output power
• GridDB
• H2One
• ELCOSMO
• SPACEL-III
• ELBRIGHT

Products and services

• Thermal Power Systems Power generation solutions including steam turbines, generators and supercritical thermal power plant equipment for coal-fired and other thermal power applications, sold to power generation utilities and project developers.
• Hydroelectric Power Systems Hydro power generation equipment including turbines, generators and pumped storage systems for conventional and adjustable-speed pumped storage applications, supplied to hydro power developers and grid operators.
• Transmission and Distribution Equipment Power transmission and distribution equipment including UHV transformers, power and distribution transformers, gas insulated switchgears, protection and automation systems and surge arresters, sold to government power utilities and industrial customers.
• Mobile GIS (m-GIS) Systems Indigenously developed mobile Gas Insulated Switchgear systems at 132kV and 220kV voltages with Connect-Operate-Disconnect-Redeploy configuration, compact footprint and modular architecture for rapid deployment in transmission ecosystems, supplied to grid operators such as POWERGRID.
• Railway Systems Electrical and electronic systems for railway transportation including power supply systems, traction equipment and signaling solutions for conventional, metro and high-speed rail applications.
• SCiB Rechargeable Lithium-Ion Battery Safe, long-life lithium-ion rechargeable battery using Lithium Titanium Oxide anode technology with rapid charging, high input/output power, low temperature performance and wide industrial applications from small-scale stationary storage to large grid-scale storage systems, sold to industrial customers, EV manufacturers and grid operators.
• Water Treatment Solutions Comprehensive water and wastewater treatment solutions including sewage treatment plants (STP), water treatment plants (WTP), zero liquid discharge (ZLD) systems using HERO High Efficiency Reverse Osmosis and operation and maintenance services for municipal and industrial applications, supplied to government water authorities and industrial customers.
• Elevator Systems Vertical transportation solutions including high-speed elevators, machine-room-less elevators and compact machine room elevators with destination control systems such as FLOORNAVI, sold through TJEI to real estate developers and commercial building owners across India.
• SMMS7 VRF Air Conditioning System Variable Refrigerant Flow (VRF) air conditioning system with high energy efficiency at partial load, environment-friendly HFC-410A refrigerant and space-saving design with wider ambient operation range, sold to commercial building developers and facility owners through channel partners across India.
• H2One Hydrogen Energy System Hydrogen-based autonomous energy supply system using renewable energy to electrolyze hydrogen from water and fuel cells with H2EMS hydrogen energy management software for stable CO2-free electricity delivery at industrial and remote sites.
• GridDB Cloud High-performance distributed time-series database for Big Data and IoT systems combining time-series data management with petabyte-scale scalability, dual NoSQL/SQL interfaces and managed GridDB Cloud service on Microsoft Azure Marketplace, sold to developers and enterprises building real-time industrial IoT solutions.
• Technology Solutions (CPS / IoT) Digital technology solutions including Cyber Physical Systems, IoT platforms using Toshiba IoT Reference Architecture (TIRA), AI and machine learning integration and digital transformation services for infrastructure and industrial applications, delivered by Toshiba Software India.
• Storage and Electronic Devices Solutions Storage solutions and electronic components for various industrial and commercial applications, distributed through Toshiba India.

Quantifiable outcome

• India-made T&D products now powering infrastructure in over 50 countries worldwide
• +5 more outcomes

Named customers11 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature10 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• SUEZ India Pvt. Ltd.coreStrategic or Co-development Partner · 1 November 2020TWS partnered with SUEZ India to secure water treatment projects including 775 MLD water treatment plant project for BWSSB in Karnataka with 7 years O&M services.
• Next Kraftwerke GmbHcoreStrategic or Co-development Partner · 1 January 2020Toshiba established joint venture with German VPP operator Next Kraftwerke to provide services supporting balancing mechanism for renewable energy assets owners and aggregators using VPP technology.
• TDS Lithium-Ion Battery Gujarat Private LimitedcoreStrategic or Co-development Partner · 1 January 2018Suzuki, Toshiba, and Denso founded joint venture for production of automotive lithium-ion battery packs in India - India's first automotive rechargeable lithium-ion battery factory established in Gujarat. This partnership combines Toshiba's SCiB battery technology with automotive manufacturing expertise.
• United Technologies CorporationcoreStrategic or Co-development Partner · 1 January 2018Toshiba Carrier Corporation established Toshiba Carrier Air-Conditioning India Pvt Ltd. (TCAI) as a joint venture with United Technologies Corporation for localized planning, development, manufacturing and sales of commercial air-conditioning products including VRF systems.
• Kenya PowerminorStrategic or Co-development Partner · 1 August 2016TTDI signed MoU with Kenya Power to reduce electricity distribution losses and won export order for over 8,000 power distribution transformers. Products delivered to help curb T&D losses in Kenya's national grid.
• Johnson Lifts Pvt. Ltd.coreStrategic or Co-development Partner · 1 January 2012Toshiba Johnson Elevators India (TJEI) is a joint venture between Toshiba Elevator and Building Systems Corporation and Johnson Lifts Pvt. Ltd. for manufacturing and selling elevators in India.
• Larsen & Toubro Ltd.coreStrategic or Co-development PartnerToshiba Infrastructure Systems & Solutions Corporation partnered with L&T to deliver eight sets of traction energy storage systems for Dhaka Mass Rapid Transit Line-6 in Bangladesh.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• ABB India Limited: Indian subsidiary of ABB offering electrification, motion, process automation, and robotics — directly comparable as a major T&D equipment manufacturer (transformers, switchgear, drives) and industrial automation player targeting similar power utility, industrial, and infrastructure customers.
• Larsen & Toubro Limited (L&T): Indian engineering, construction, and T&D conglomerate with major presence in power transmission EPC, hydro turbines, rail systems, and electrical construction — comparable as a partner (Toshiba partnered with L&T on Dhaka MRT-6 traction storage) and a competitor in T&D and rail infrastructure projects.
• Hitachi Energy India Limited: Indian arm of Hitachi Energy (formerly ABB Power Grids) focused on T&D solutions including transformers, GIS, grid automation, and HVDC — directly comparable as a Japanese-headquartered peer competing in high-voltage substation EPC and grid modernization programs in India.
• Schneider Electric India Private Limited: Indian subsidiary of Schneider Electric offering T&D equipment, industrial automation, and building management solutions — comparable as a global electrification peer competing in distribution transformers, switchgear, and energy management for utilities, data centers, and commercial buildings.
• Siemens Limited India: Indian arm of Siemens AG operating across electrification, automation, and digitalization including power T&D equipment, smart infrastructure, and industrial automation — directly comparable as a diversified German multinational with similar portfolio breadth in transformers, switchgear, rail, and building technologies.

Direct peers

• Bharat Heavy Electricals Limited (BHEL): India's largest state-owned power equipment manufacturer producing thermal turbines, hydro turbines, transformers, switchgear, and traction equipment — directly comparable as a domestic supplier to NTPC, state utilities, and Indian Railways with similar product breadth across Toshiba India's power generation and T&D portfolio.
• CG Power and Industrial Solutions Limited: Indian manufacturer of transformers, switchgear, rotating machines, and railway signaling — directly comparable as a major domestic T&D and industrial equipment supplier competing in similar distribution transformer, power transformer, and switchgear segments.
• Mitsubishi Electric India Private Limited: Indian arm of Mitsubishi Electric offering elevators, escalators, factory automation, and power systems — directly comparable as a fellow Japanese conglomerate subsidiary operating in India's elevator/escalator market (Otis, KONE, Schindler competitors alongside Toshiba Johnson JV).
• Voltas Limited: Indian conglomerate's HVAC and refrigeration arm competing directly with Toshiba Carrier Air-Conditioning India (TCAI) in the Indian VRF and commercial air conditioning market — comparable as a domestic competitor with similar target customers in commercial real estate, IT parks, and large infrastructure projects.

Regional players

• Kirloskar Group companies: Indian industrial conglomerate with operations in power generation (Kirloskar Electric), water and pumps, and engineering — comparable as a regional player competing in Indian water infrastructure, small-to-mid scale power equipment, and EPC project execution.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks2 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=aXKm0cEP3Ts
• LinkedInlinkedin.com/company/toshiba-india-pvt-ltd
• Facebookfacebook.com/477304129034692

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Toshiba India Private Limited