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ABB India wins two orders worth Rs 191 crore

12 Feb 2020 Evaluate

ABB India has won two significant orders to supply traction equipment for Chittaranjan Locomotive Works (CLW) - the manufacturing unit of the Indian Railways, and industrial drives to Megha Engineering & Infrastructures (MEIL) in their oil drilling segment. Both these components will be produced at ABB’s Nelamangala facility in Bengaluru, in line with its unwavering commitment to the ‘Make in India’ initiative.

The facility includes one of the largest factories for locomotive applications and one of the four global shop-floors for medium voltage drives located in Southern India. The company will supply industrial drives worth Rs 68 crore to Megha Engineering & Infrastructures (MEIL) and will also supply traction equipment worth Rs 123 crore to Chittaranjan Locomotive Works, the manufacturing unit of the Indian Railways.

ABB India is a pioneering technology leader in electrification products, robotics and motion, industrial automation and power grids, serving customers in utilities, industry and transport & infrastructure globally.


ABB India Share Price

7254.80 99.10 (1.38%)
21-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Havells India 1328.20
Siemens 3718.90
Apar Inds 11713.20
ABB India 7254.80
Waaree Energies 3474.00
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