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Hitachi in India

Information contained in this news release is current as of the date of the press announcement, but may be subject to change without prior notice.

Aug 18, 2015

Hitachi holds "Social Innovation Forum 2015 in Bengaluru" with IT driving in Social Innovation

Delhi, August 18, 2015 - Hitachi India Pvt. Ltd.(Hitachi India), a subsidiary of Hitachi, Ltd. (TSE:6501) announced today that Hitachi Group will hold the “Social Innovation Forum 2015 in Bengaluru” in partnership with NDTV on August 19th, 2015. The forum will provide a platform with key industry experts and Indian authorities to discuss growing importance of integrating IT with infrastructure needs, and how to contribute and respond to issues in the IT sector. The event would be a mix of seminars and exhibition in which Hitachi Group will introduce its advanced solutions, products, services in the field of IT and Social Innovation Business.

Hitachi India will host the Forum in Bengaluru for the first time. Bengaluru is known as the "Silicon Valley of India" because of its role as the nation's leading IT exporter. The event will witness participation from Hitachi Data Systems, Hitachi Systems Micro Clinic, Hitachi Payment Services, the software group, Research and Development centre of Hitachi India and Hitachi Solutions showcasing diversified solutions and exploring partnerships with key stakeholders with an aim to make India Digitally Self Reliant through panel discussions involving industry experts.

“We are extremely excited to hold the ‘Social Innovation Forum 2015 in Bengaluru.’ We understand the challenges in building digital infrastructure as a utility in public as well as private sector. Social Innovation would be a key to address those challenges and will help bridge the need gap of Digital India, an initiative launched by the Government few weeks back. Through this forum, we would like to share different aspects of the issues and possible solutions together and look for the opportunities to partner with key stakeholders,” said Kojin Nakakita, Managing Director, Hitachi India Pvt. Ltd.

Hitachi aims to increase its overseas ratio from 45% in FY2013 to over 50% in FY2015 under the company’s “2015 Mid-term Management Plan.” India is one of the key regions in its global growth, and the company aims to expand consolidated revenues in India to 210 billion yen in FY2015 by expanding the Social Innovation Business which combines products, services and highly sophisticated IT, and utilizes its experience and tailored solutions. IT domain of Hitachi in India includes a wide range of business such like flexible & scalable solutions to keep up with the growing data requirements, expertise service solutions in Cloud Services, payment services, GIS(Geographical Information System) solutions, business consulting solutions, offshore development business and so on.

“Hitachi can further contribute to the economy and betterment of society in the areas of Water, Oil & Gas, Railway, Healthcare, Payment service and/with IT solutions laid on increasing business opportunities in India. We are committed to contribute to the medium and long-term development of Indian society through the Social Innovation Business which integrates cutting-edge IT and infrastructure technologies developed over many years,” said Nakakita.

About Hitachi in India

Hitachi started its business in India in the 1930's. Currently, Hitachi has 30 business bases and over 10,000 employees in India. In addition to being a leader in construction machinery and air-conditioning systems, the Hitachi Group in India is expanding on its 'Social Innovation Business', such as information & telecommunication systems, power systems, industrial, transportation and urban development systems. Together with further localization, Hitachi aims to contribute to a sustainable society in India as well as the country's economic growth. For more information on Hitachi, please visit the company's website at http://www.hitachi.co.in.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

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