With the global power electronics market projected to grow to $71.8 billion by 2033, Mitsubishi Electric is positioning India as a strategic growth market and plans to deepen its power electronics ecosystem to meet rising domestic demand. The company sees strong long-term opportunities as electrification accelerates across sectors such as railways, renewable energy, industrial automation, and emerging infrastructure like hydrogen.
Mitsubishi Electric’s India strategy centres on strengthening its presence in advanced power semiconductor devices, including silicon and Silicon Carbide (SiC) based technologies. The company is also expanding its portfolio of high-frequency and optical devices, which typically cater to specialised, niche applications. In addition, it already supplies Gallium Nitride (GaN) based power amplifier modules for low-power use cases such as 5G base stations, according to Hitesh Bharadwaj, Business Head – Semiconductors & Devices, Mitsubishi Electric India.
At present, these devices are manufactured at Mitsubishi Electric’s facilities in Japan and, in limited instances, China, and imported into India. The Indian arm is focused on market development, customer integration, and ecosystem building rather than local manufacturing. Bharadwaj noted that power electronics adoption in India is still evolving and has not yet reached the level of maturity seen in markets such as China and Europe.
Highlighting the uneven development of India’s semiconductor landscape, Bharadwaj explained that while certain segments are advancing rapidly, power electronics still occupy a relatively small share of the overall market. By 2030, the global semiconductor industry is expected to touch nearly $1 trillion, with power semiconductors accounting for roughly 2–3% of the total. “Once the right time comes, we may think over having some kind of a local manufacturing as well,” Bharadwaj added.
While Mitsubishi Electric is not currently leveraging semiconductor-specific government schemes, it is seeking incentives from the Maharashtra government for its factory automation plant in Pune, and for an upcoming Chennai facility expected to be supported under the PLI scheme. The Chennai plant will primarily focus on air conditioners and compressors.
Power electronics play a critical role as high-performance electrical switches in applications ranging from electric trains and solar inverters to wind turbines, UPS systems, and air conditioners. Mitsubishi Electric, a wholly owned subsidiary of Mitsubishi Electric Corporation, has been active in India for over two decades and supplies devices used across Indian Railways, including high-horsepower electric locomotives and traction systems.
As the industry shifts from conventional silicon to wide bandgap semiconductors, the company plans to align closely with this transition. “The future is clearly moving towards SiC and GaN. They enable higher switching frequencies, improved current handling, and significant system-level miniaturization,” Bharadwaj said.
