"Believer - Humanitarian - Habit of Success" Sukumar Balakrishnan is the Founder of JB GROUP, a 500 Crore National Organization with over 150 Direct & 1200 indirect professionals operating from 5 major cities in India. Jayalakshmi Balakrishnan Group, a multi-faceted group venturing into, E- Commerce and Import-Export (INNOKAIZ), Retail and Wholesale (JB MART), Food and Beverages (KRISHNA FOODS ), Real Estate (Constructions on sites, Interior scaping, Facility Management)
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Friday, April 20, 2012
ABB to invest Rs 250 crore to expand power products manufacturing base in India
New Delhi: ABB on Monday said it would invest Rs 250 crore to build new facilities in India to manufacture high-voltage power products and transformers. The company will also export products manufactured in India.
""The new manufacturing units will further strengthen our local footprint and enhance our product portfolio,"" said company local division manager (power products) Pitamber Shivnani.
The facilities will be located in Savli near Vadodara, Gujarat and produce high-voltage gas-insulated switchgear and plug and switch system hybrid switchgear as well as dry-type and oil immersed distribution transformers. The facilities are expected to be operational by the end of 2012.
ABB Group of companies operate in around 100 countries and employs about 13 5 ,000 people.
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