ABB India Expands Local Production with New Line for Energy-Efficient Drives in Bengaluru
ABB India expanded local production for energy-efficient variable speed drives at its Bengaluru factory, boosting capacity by 25% and reducing lead times, supporting 'Make in India' initiatives.
The expansion represents a substantial increase in production capacity for a key product line, enhances operational efficiency, and strengthens ABB India's strategic position in the domestic market, contributing to both financial performance and national economic objectives.
The announcement highlights a significant expansion of production capabilities, increased capacity, reduced lead times, and alignment with national 'Make in India' initiatives, all of which are positive for the company's growth and market position.
* ABB India has expanded its local production capabilities by launching a new line for variable speed drive (VSD) modules at its Peenya factory in Bengaluru. * This expansion increases the local production capacity of drives by approximately 25 percent. * The initiative supports the country's 'Atmanirbhar Bharat' and 'Make in India' programs, aiming for faster delivery and improved customization. * The new line incorporates cutting-edge automation, including robotics and digital production monitoring technology, aligning with Industry 4.0 standards to enhance productivity, safety, and quality. * It will produce drives with large power ratings for various industries such as buildings, data centers, water, cement, and metals. * Localized production is expected to reduce lead times by up to 40 percent. * AR Madhusudan, Business Line Manager, Drive Products, ABB India, stated that this expansion reinforces their commitment to advancing local production and delivering energy-efficient technologies. * Tuomo Hoysniemi, Division President, Drive Products, ABB Motion, emphasized the role of ABB drives in India's sustainability goals and the focus on building stronger local ecosystems.
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ABB India Limited filed this with the NSE as a statutory disclosure, categorised under press release. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by ABB India Limited. Read the original for the full detail.