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ABB to invest Rs 250 crore to build new facilities for power products

10 May 2012 Evaluate

ABB, power and automation technology major is likely to spend around Rs 250 crore to build new facilities in India to manufacture high-voltage power products and transformers. The company aims to develop, manufacture and market products that meet the needs of domestic customers, as well as serving as an export hub.

ABB is a global leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact

Peers
Company Name CMP
Waaree Energies 2396.50
Apar Industries 18189.00
Havells India 1059.00
Suzlon Energy 38.35
Siemens 3804.45
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