India is emerging as a key market in Mitsubishi Electric’s global growth plans as demand for power electronics continues to increase across multiple sectors.
With the global power electronics market expected to reach $71.8 billion by 2033, the company is looking to strengthen its power electronics ecosystem in India to address growing domestic needs. Long term opportunities are being driven by faster electrification in areas such as railways, renewable energy, industrial automation, and new infrastructure segments including hydrogen.
Mitsubishi Electric’s India strategy is focused on expanding its presence in advanced power semiconductor devices. This includes silicon and Silicon Carbide based technologies that are gaining traction as industries look for higher efficiency and performance. The company is also growing its portfolio of high frequency and optical devices, which are typically used in specialised and niche applications.
The company already supplies Gallium Nitride based power amplifier modules for low power applications such as 5G base stations. Hitesh Bharadwaj, Business Head Semiconductors and Devices at Mitsubishi Electric India, said the company is currently concentrating on market development and ecosystem building rather than local manufacturing.
At present, most of these devices are produced at Mitsubishi Electric facilities in Japan and, in limited cases, China, before being imported into India. Bharadwaj pointed out that power electronics adoption in India is still developing and has not yet reached the maturity levels seen in markets like China and Europe.
He also highlighted that while some parts of India’s semiconductor sector are progressing quickly, power electronics still represent a small share of the market. By 2030, the global semiconductor industry is projected to reach nearly $1 trillion, with power semiconductors contributing around 2 to 3%. “Once the right time comes, we may think over having some kind of a local manufacturing as well,” Bharadwaj said.
While Mitsubishi Electric is not currently using semiconductor focused government schemes, it is seeking incentives from the Maharashtra government for its factory automation plant in Pune. It is also planning a Chennai facility under the PLI scheme, which will focus mainly on air conditioners and compressors.
Power electronics are essential components used as high performance electrical switches in electric trains, solar inverters, wind turbines, UPS systems, and air conditioners. Mitsubishi Electric has operated in India for over 20 years and supplies equipment used across Indian Railways, including high horsepower electric locomotives and traction systems.
As the industry moves from traditional silicon to wide bandgap semiconductors, the company plans to align closely with this shift. “The future is clearly moving towards SiC and GaN. They enable higher switching frequencies, improved current handling. and significant system-level miniaturization.” Bharadwaj said.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter
About us:
The Mainstream is a premier platform delivering the latest updates and informed perspectives across the technology business and cyber landscape. Built on research-driven, thought leadership and original intellectual property, The Mainstream also curates summits & conferences that convene decision makers to explore how technology reshapes industries and leadership. With a growing presence in India and globally across the Middle East, Africa, ASEAN, the USA, the UK and Australia, The Mainstream carries a vision to bring the latest happenings and insights to 8.2 billion people and to place technology at the centre of conversation for leaders navigating the future.
