# Hitachi Energy to spend $4.5B expanding capacity in Sweden and India

Hitachi Energy announced it will invest $4.5 billion to expand production capacity for power grid equipment in Sweden and India, responding to rising global demand.

- Type: Expansion
- Announced: 2024-06-07
- Where: Sweden and India
- Value: $4.50B
- Status: announced
- Products: power grid equipment
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Hitachi Energy](https://endata.com/companies/15140.md)

## Sources

- [asia.nikkei.com](https://asia.nikkei.com/business/energy/hitachi-energy-to-expand-india-sweden-ops-in-4.5bn-buildup), 2024-06-07: "Hitachi Energy said Friday it will spend $4.5 billion in Sweden and India to expand capacity to produce power grid equipment as global demand for the infrastructure rises."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.