India to be Toshiba’s design and manufacturing hub for lighting business: CEO Yoichi Lbi

NEW DELHI: Japan’s Toshiba group will make India the design, manufacturing and export hub for its lighting business, and multiply the local headcount to design lights for planned smart cities airports, stadiums, highways, warehouses and factories, CEO Yoichi Lbi said.
The Japanese giant entered the Indian market two years ago through its $2-billion group company Toshiba Lighting & Technology Corporation by acquiring US-based GreenStar that was operating designing and manufacturing facilities in India.

Toshiba will expand these facilities that is designing and manufacturing close to 8,000 units of outdoor lights for US market. “India has a great talent pool for software designing and we would like to be here as demand for smart lighting will be on rise,” Toshiba Lighting & Technology Corporation President & CEO Yoichi Lbi told ET.