Mumbai, March 10 -- The investment will support growth in the company's electrification, motion and automation businesses and strengthen its "local-for-local" strategy. Currently, around 85% of ABB's products and solutions sold in India are manufactured locally.
The company said the investment will be directed across multiple facilities in Bengaluru, Hyderabad, Nashik and Vadodara, focusing on expanding production capacity for critical infrastructure segments such as renewable energy, metro rail, data centres and industrial automation.
ABB will invest $14 million in its Nelamangala campuses in Bengaluru to expand production capabilities and scale converter manufacturing to support sustainable mobility and rail transport systems. Another...
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