SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

ABB India plans to collaborate with universities in India

04 Jun 2014 Evaluate

In a bid to develop cost efficient manufacturing solutions, ABB India is planning to tie up with universities in India. The company spends over $1 billion each year globally on research and development.

The objective of the research is to look for new materials and manufacturing techniques which will cut down the dependence on imports and reduce overall costs.

Further, the company is planning to cut down its import bill, which is currently pegged at 30-32 per cent of its expenditure, by carrying out an indigenisation programme. The programme does not just cover local sourcing or local manufacturing; it also looks at the design aspect of the products.

ABB is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs more than 150,000 people.

 

ABB India Share Price

6729.85 -279.20 (-3.98%)
11-May-2026 09:11 View Price Chart
Peers
Company Name CMP
Havells India 1254.25
Siemens 3720.00
Apar Inds 12898.90
ABB India 6729.85
Waaree Energies 3228.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×