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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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