Transmission industry must boost capacity amid rising demand: Hitachi Energy CEO Andreas Schierenbeck

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Hitachi Energy's CEO highlights a critical need for industry-wide expansion to meet surging demand for high-voltage transformers. This surge is driven by the energy transition and the massive power requirements of new AI-driven data centers. India is identified as a key growth market, with Hitachi Energy investing significantly to boost its manufacturing capabilities and serve both domestic and export needs.