Page 40 - Hitachi IR 2025

STRATEGIC PRIORITIES
Strategies and outlook
Priorities & enablers
Key strategy
Go to market Focus
areas
#Maintaining leadership in core segments
#Shifting the center of gravity to include service, export and digital
#Harnessing new segments and markets
Strategic enablers for progress
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Gaining momentum by strategically working with
customers in the industry domain to have greater
visibility in the market and attain a unique position
with industrial customers in the high-voltage
product, project and service market.
Expediting on new and emerging markets like data
centers, electric vehicles, energy storage and green
hydrogen to increase presence in these segments.
Focusing on maintaining exports and leveraging
export markets with high-voltage products
that contribute the maximum to the exports
product market.
Maintaining an impactful focus on strategies
related to services where the Company is working
to become a leader in services, leveraging our rich
installed base and simultaneously working on key
assignments of grid automation that will help in
expanding the digital base.
Impact on capitals
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Top-line is enhanced by increasing market
presence in segments where it already had a
leadership position.
Bottom-line is enhanced by widening
footprint and presence in areas of new and
emerging technologies, along with digital and
service space.
Trust from customers in certain product lines
and segments such as utilities, renewables,
and data centers led to repeat orders based
on product capability and quality, helping
consolidate on order bookings and build a
strong order backlog.
The Indian market displayed a progressive
trend, supported by government
announcements such as the National
Electricity Plan 2024, giving us the confidence
to expand our manufacturing base, operations,
and product offerings to serve a wider
customer base.
Key strategy
Business
excellence
Focus
areas
#To leverage large order backlog for revenue accretion
#Operational excellence to improve productivity
#To amplify efforts for sustained margin improvement
Strategic enablers for progress
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On the business front, the Company emphasis
remained on striving towards sustainable operations
and operational excellence across manufacturing
and functional processes, optimizing order backlog
execution for revenue and profitability accretion,
overcoming external supply chain constraints,
driving focus on cash, and most importantly,
continuing to reinforce a culture of health, safety
and environment by percolating the safety mindset
across all project sites and factories.
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The Company is working on key products across its
business units, Grid Automation, Grid Integration,
Transformers and High Voltage, to supply
customers with digital solutions and software,
relays, integration of substations at 220 kV, 400 kV
and 765 kV levels, power transformers, loco
transformers, capacitors and filters, along with
latest offerings of SF6 free GIS under the EconiQ
range. A wide range of products helps us expand
our order backlog and provide quality products to
customers and consolidate revenues
38 Hitachi Energy India Limited