OREANDA-NEWS. Toshiba Corporation announced a comprehensive strategy for expanding its social infrastructure business in Asia and around the world that positions India as a strategic business hub. On his maiden visit to India, Toshiba's President and CEO, Mr. Hisao Tanaka, along with the top executives of the company, shared the Group's roadmap for Indian continent.

Sharing the details on infrastructure technologies and know-how that Toshiba will deploy in India in support of building a better future, Mr. Tanaka explained the range and diversity of the company's business, particularly its expertise in key areas of social infrastructure.

Underlining Toshiba's commitment to India, Toshiba President and CEO, Mr. Hisao Tanaka said, "For Toshiba, India is important not only as a market, but also as a strategic export and development base with highly talented people. Toshiba will position India as a strategic world business hub in its thermal power, energy transmission and distribution equipment, water and waste-water treatment, and software development businesses. In the five years from FY2013 to 2017, the company will invest over 500 million USD, equivalent to 30 billion rupees in India, and create employment for over 5,000 people."

Mr. Tanaka was joined by three top executives, who explained their strategic plans for India and Toshiba's comprehensive solutions in three areas crucial for building a better tomorrow: 'Making Energy', 'Transmitting and Storing Energy' and 'Smart Use of Energy'.