Hitachi India appoints N Venu as Managing Director
By Aman Shukla Published on May 29, 2025, 11:47 IST
Hitachi India Pvt. Ltd. has announced the appointment of N Venu as its new Managing Director, effective 2 June 2025. This appointment is part of Hitachi's broader strategy to strengthen its business operations in India and aligns with the company's global growth plan, Inspire 2027 .
Venu currently serves as the Managing Director & CEO of Hitachi Energy India Limited and Region Head of South Asia at Hitachi Energy. He will take on his new responsibilities at Hitachi India in addition to his existing roles. His appointment follows the elevation of Dr. Bharat Kaushal, who became the Executive Chairman of Hitachi India on 1 April 2025. Dr. Kaushal was previously the first Indian Managing Director of Hitachi India.
As Managing Director, Venu will oversee the integration and strategic alignment of 28 Hitachi Group companies in India. His focus will include expanding the Lumada business, promoting IT-OT integration, and enhancing collaboration across sectors including Rail, Digital, Energy, Financial Services, Education, and Healthcare.
Hitachi is working to position India as a global solutions hub, aiming to deliver value through a high-margin, high-revenue business model. The company's approach includes building a Delivery-layer framework supported by strategic partnerships, in line with its vision of 'India for India and India for the World.'
Venu brings nearly 40 years of industry experience and has led Hitachi Energy India since its inception in 2019. He served as Chairman of the Karnataka Chapter of the Confederation of Indian Industry (CII) during 2024–25. He holds an Electrical Engineering degree from NIT Warangal and has completed executive education programs at IIM Ahmedabad, ISB Hyderabad, and IMD Switzerland.
Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at BusinessUpturn.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
E&E News
an hour ago
- E&E News
US grid operator leverages AI to speed power plant connections
The grid operator for the Great Plains region on Thursday announced an agreement with Japanese conglomerate Hitachi that aims to use artificial intelligence to speed up the rate at which new power projects can come online. The Southwest Power Pool, which runs the high-voltage grid across parts of 14 states from Texas to the Canadian border, aims to slash the time it takes to connect new power projects to by as much as 80 percent. Like other regions of the country, SPP is grappling with convergence of trends that's putting pressure on the power industry. Aging fossil fuel plants are being retired at a faster rate than new renewable and natural-gas-fired projects can come online. And demand is surging because of new manufacturing plants, data centers and electrification of cars and space heating and extreme weather is showing up more frequently. Advertisement Nationally, data centers are projected to consume as much as 12 percent of the nation's electricity by 2028 — almost triple the share a couple years ago, according to the Energy Department. SPP said without action, its reserve margins — a buffer to guard against outages when power plants trip offline — could drop to 5 percent in 2029 from 24 percent in 2023, raising the possibility of power shortages during emergencies.
Yahoo
an hour ago
- Yahoo
India vows to keep up development in Kashmir after tourist attack
By Sakshi Dayal NEW DELHI (Reuters) -India is committed to efforts to develop its restive territory of Jammu and Kashmir, Prime Minister Narendra Modi said on Friday, accusing neighbour Pakistan of seeking to destroy livelihoods there with April's deadly attack on tourists. He was speaking on his first visit to the Himalayan region since Islamist attackers targeted Hindu tourists in the popular Pahalgam area, killing 26 men, triggering hostilities between the nuclear-armed neighbours that ended in ceasefire last month. "The atmosphere of development that emerged in Jammu and Kashmir will not be hindered by the attack ... I will not let development stop here," Modi said in remarks after inaugurating infrastructure projects. Key among these was a $5-billion rail link between the Kashmir Valley and the rest of India, which has been more than 40 years in the making and features the world's highest railway arch bridge. Others include highways, city roads and a new medical college. India has accused Pakistan of backing the April attack, a claim denied by Islamabad, and they engaged in four days of fierce fighting last month before agreeing to a ceasefire. Pakistan aimed to disrupt the livelihoods of the poor in Kashmir, who rely heavily on tourism, Modi said, adding that he would face down any obstacle to regional development. Pakistan's foreign ministry did not immediately respond to a request for comment on Modi's remarks. Last month, Islamabad said a just and peaceful resolution of the Kashmir dispute was essential to ensure lasting peace in the region, known for its snow-topped mountains, scenic lakes, lush meadows, and tulip gardens. The region, which drew more than 3 million visitors last year, is at the heart of the hostility between the old foes, both of which claim it in full, but rule it in part and have fought two of their three wars over it. India also accuses Pakistan of supporting Islamist militants battling security forces in Jammu and Kashmir, but Islamabad denies the accusation. Trains run in the Kashmir Valley but the new link is its first to the wider Indian railway network. Apart from boosting the regional economy, it is expected to help revive tourism, which plummeted after the April attack. ($1=85.7500 Indian rupees)
Bloomberg
an hour ago
- Bloomberg
Goldman Funds $600 Million Equity for Coca-Cola India Unit Sale
Follow Bloomberg India on WhatsApp for exclusive content and analysis on what billionaires, businesses and markets are doing. Sign up here. Goldman Sachs Asset Management has provided $600 million to partially fund the equity investment needed by Indian conglomerate Jubilant Bhartia Group for its purchase of a 40% stake in The Coca-Cola Co. 's bottling unit in India, according to people familiar with the matter.
