Industries Minister D Sridhar Babu laid the foundation for Toshiba’s new transformer plant and inaugurated other units worth Rs 347 crore in Telangana. He highlighted the State’s rapid industrial growth and plans to attract more green energy investments
Nobuaki Kurumatani headed the Japan operations of CVC Capital Partners, which proposed the acquisition last week, before taking his post as chief executive of Toshiba in 2018.