Page 167 - Hitachi IR 2025

Under the banner of Energy and Digital World (EDW),
customer roadshows were organized across different
locations, including Hyderabad, Jamshedpur and Pune,
culminating mega event Energy and Digital World 75,
which witnessed over 2,500 attendees from customers,
government, academia, analysts and media.
Outlook
Management outlook
The Company is a pioneering technology leader
with a purpose of advancing a sustainable energy
future for all. As India underscores its commitment to
economic development, the energy transition will be
critical in ensuring sustainable and reliable electricity
to power this growth. Deployment of technologies to
make the grid flexible, digital, and secure will continue
to be key drivers providing attractive medium to long-
term opportunities for power technologies, especially
in our identified high-growth segments – renewables,
HVDC, data centers, and electrification of transport.
A growing urgency to accelerate energy transition
in India and globally has significantly boosted
investments in India’s energy sector. This momentum
is expected to continue in the coming years, creating
more opportunities in the energy segment for the
portfolio of Hitachi Energy India Limited, especially
in the renewable space. It remains steadfast to its
parent company Hitachi Energy’s 2030 vision and
overarching goal, and maintains a singular focus on
cementing its leadership in core segments.
Moving ahead, the Company is set to focus on
operational excellence to improve productivity,
quality and opportunities in One Hitachi. It shall also
continue its focus on maintaining its leadership in core
businesses, harness new and high-growth segments
like renewables, HVDC, datacenters, battery energy
storage, and increase penetration in industries to
maintain its growth trajectory. Furthermore, Hitachi
Energy India Limited is accentuating its focus on
exports, strengthen its margins and cash focus, and
shifting the centre of gravity to digital, increasing
its digital contributions to overall growth, as part of
its key growth levers. It will leverage its largest ever
backlog to deliver on revenue and margin accretion
and profitability and also maintain its focus on
improving its overall operational efficiency to boost
productivity and quality.
License to operate: Safety, integrity and quality
At Hitachi Energy India Limited, safety will always
be paramount as it is entrenched in the DNA of the
organization. It will continue to implement a safety
work culture across functions. It is committed to
safety, integrity and quality and takes continuous
efforts towards reiterating the importance of reporting
safety incidents at its work sites. The Company
has refreshed its health, safety and environment
policy to ensure positive health, well-being and
safe working conditions for all its employees.
It continues to strengthen its safety practices across
all its manufacturing locations and offices, thus
achieving 100% on-time closure of high-risk hazard
situations. During the year, the Company reported
total recordable injury frequency rate of 0.09 vs 0.10
targeted for the year.
The Company’s Sustainability 2030 commitments
set out ‘Zero Harm’ as one of the key priorities.
In FY 2024-25, the Company organized multiple
awareness training sessions and health camps
across its offices, facilities, and project sites for the
well-being of the employees. To mention a few, it
conducted sessions on health precautions during
monsoon, lifestyle diseases, mental health, yoga and
ergonomics – manual material handling. Also, it had
multiple health camps for diabetes and pulmonary
health and held a blood donation camp as well.
Integrity is the foundation of our business principles
and operational excellence. The Company is
committed to maintaining the highest standards of
ethical conduct, transparency, and compliance in
all areas. The Hitachi Code of Ethics and Business
Conduct is emphasized through onboarding sessions,
annual refresher trainings, and creative awareness
campaigns. Integrity is a regular topic in leadership
team meetings, often illustrated with real-life case
studies to promote ethics and leadership. Hitachi
Energy in India is certified for our Anti-Bribery
Management System under ISO 37001, showcasing
our strong framework to prevent, detect, and
respond to bribery, thereby reducing financial and
reputational risks.
Research and development
Your Company’s legacy of innovation and deep
expertise in the power technology sector have
enabled it to continually provide enhanced value to
customers, foresee industry trajectory, anticipate the
next phase of growth and stay ahead of the curve.
Its focus and targeted actions towards sustainability
while staying at the forefront of the clean energy tech
and digital-led revolution have helped it consolidate
its position as a leader in this sector. Encompassing
every customer’s journey in its entirety – right from
site reviews, customized solutions, maintenance
cycles, technical handholding, and planning for the
future today – helps us go beyond creating value to
becoming a strategic partner in their growth journey.
To understand this, your Company’s R&D activities
are conducted globally in the R&D and technology
centers of Hitachi Energy, and are then locally
The Company believes its
employees are the most valuable
assets and core strength in
preserving its high-quality standards
and facilitating its growth.
Integrated Annual Report 2024-25
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