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ABB to set up Rs 115-cr new unit in Bangalore

30 May 2011

Power and automation technology group ABB has announced that it will invest about $24 million (Rs 115 crore) on a new facility in India to manufacture a new range of products. The new manufacturing facility would be set up in the company’s Nelamangala campus here and will produce miniature circuit breakers, residual current circuit breakers and surge protection devices, employing around 300 people.

ABB’s low voltage products division in India has delivered 25 million poles to the domestic market through wholesalers and a network of channel partners. This investment will increase the production capacity to serve both domestic and export markets.The plant will manufacture a new range of protection devices used in residential and commercial buildings, industrial and renewable energy applications, data centres and the telecommunications industry to protect installations against excess current, short-circuits and leakage current.crackcrack

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ABB India Share Price

2049.55 2.10 (0.10%) Dec 07, 13:49
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Company Name CMP
Siemens 2210.35
Havells India 1408.80
Apar Inds 682.50
ABB India 2049.55
CG Power & Indl.Soln 152.50
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