Toshiba India Private Limited

Background

Toshiba India Private Limited (TIPL), established on September 12, 2001, is a wholly owned subsidiary of Toshiba Corporation, Japan. TIPL focuses on delivering advanced electronic and electrical products and systems across four strategic business domains: Energy, Social Infrastructure, Electronic Devices, and Digital Solutions. The company's mission is to contribute to society through its business activities, evolving with the times to address ever-changing social issues.

Key Strategic Focus

TIPL's strategic objectives encompass:

Energy Solutions: Providing end-to-end energy management systems, including power generation, transmission, distribution, and storage.

Social Infrastructure: Developing infrastructure solutions such as water treatment systems and advanced battery technologies.

Electronic Devices: Offering a range of electronic components and devices tailored to various industries.

Digital Solutions: Delivering IT solutions, including quantum cryptography and cloud database services.

TIPL leverages cutting-edge technologies to cater to the Indian market's unique needs, emphasizing sustainable and innovative solutions.

Financials and Funding

As of March 31, 2024, TIPL reported an authorized share capital of ₹360 crore and a paid-up capital of ₹342.7 crore. The company has demonstrated financial resilience, with a notable increase in net worth by 13.15% in the fiscal year ending March 31, 2021.

Pipeline Development

TIPL has been actively involved in several key projects:

Power Transmission & Distribution: In April 2025, Toshiba signed a Memorandum of Understanding with the Government of Telangana to advance investment in power transmission and distribution manufacturing.

Battery Solutions: In June 2025, Toshiba's Lithium-Ion Battery "SCiB™" was highlighted for powering India's sustainable initiatives.

Elevator Systems: Toshiba Johnson Elevators (India) Pvt. Ltd. secured a contract to supply 60 high-speed ELCOSMO-III elevators to the ultra-luxurious Tulip Monsella project in Gurugram in June 2024.

Technological Platform and Innovation

TIPL distinguishes itself through several proprietary technologies and innovative methodologies:

SCiB™ Battery Technology: A highly safe rechargeable battery with characteristics such as long life exceeding 20,000 charge/discharge cycles, rapid charging time of 6 minutes, and operation at temperatures as low as -30°C.

GridDB®: A cloud database service designed for big data and IoT applications, offering high performance and scalability.

Advanced Water Treatment Solutions: Comprehensive technologies ranging from planning to implementation to address various water and environmental challenges.

Leadership Team

As of June 2024, the leadership team includes:

Managing Director: Daisuke Murata, appointed in June 2024, leading TIPL's energy and social infrastructure businesses in India.

Company Secretary: Arushi Sharma, overseeing corporate governance and compliance.

Leadership Changes

In June 2024, Daisuke Murata succeeded Shuichi Ito as Managing Director of TIPL, marking a significant leadership transition aimed at strengthening the company's strategic direction in India.

Competitor Profile

Market Insights and Dynamics

The Indian market for energy solutions, social infrastructure, and electronic devices is highly competitive, with significant growth potential driven by urbanization, industrialization, and increasing demand for sustainable technologies.

Competitor Analysis

Key competitors include:

Johnson Lifts: A leading Indian elevator and escalator manufacturer, offering a range of vertical transportation solutions.

TMEIC: A joint venture between Toshiba and Mitsubishi Electric, specializing in industrial electric and automation systems.

Canon Medical Systems Corporation: Formerly Toshiba Medical Systems, now a subsidiary of Canon Inc., providing medical equipment solutions.

Strategic Collaborations and Partnerships

TIPL has engaged in several strategic collaborations:

Toshiba Johnson Elevators (India) Pvt. Ltd.: A joint venture with Johnson Lifts Pvt. Ltd., providing energy-efficient and safe vertical transportation systems in India.

Toshiba Transmission & Distribution Systems (India) Pvt. Ltd.: Established to manufacture and supply power transmission and distribution equipment, enhancing India's energy infrastructure.

Operational Insights

TIPL's strategic considerations include:

Market Position: Leveraging Toshiba's global expertise to establish a strong foothold in India's energy and infrastructure sectors.

Competitive Advantages: Offering innovative and sustainable solutions tailored to the Indian market's needs, supported by strategic partnerships and local manufacturing capabilities.