ABB India Expands Operations with 10-Acre Land Lease Approval May 09, 2025
ABB India's board has approved a plan to lease 10 acres of land, signaling a significant expansion move. While specific details are not disclosed, this decision could lead to increased production capacity, operational enhancements, or strengthening of market position. The expansion aligns with India's push for increased domestic manufacturing and may contribute to economic growth.
ABB India Drives Sustainability: Introduces EVs for Factory Operations in Bengaluru Apr 24, 2025
ABB India Shows Signs of Recovery with 1% Growth in Latest Quarter Apr 17, 2025
ABB India Shares See Significant Block Trade on NSE Apr 16, 2025
More news about ABB
02Apr 25
ABB India Delivers Integrated Automation for IndianOil's Largest Pipeline Network
ABB India has successfully implemented its Ability™ SCADAvantage digital platform for IndianOil's Centralized Pipeline Information Management System (CPIMS). The project covers a 20,000 km pipeline network across India, managing 125 million metric tons of oil and 49 million metric standard cubic meters of gas annually. The solution includes robust cyber security, cloud-based disaster recovery, and centralized management capabilities. ABB will provide a 10-year service support contract. The project, awarded in February 2024, was designed and delivered within a year and is currently under commissioning.
04Mar 25
ABB Motion Invests in AI Start-up UptimeAI to Revolutionize Asset Management
ABB Motion, a division of ABB India Limited, has made a strategic investment in UptimeAI, an AI startup focused on industrial asset health and performance management. The partnership aims to improve predictive maintenance using AI and machine learning, addressing over 1,000 failure modes. Initial implementation will target the cement, metals, and water pipes industries in India. The investment, made through ABB Motion Ventures, combines machine learning with expert systems to provide insights into rotating equipment health and performance. Benefits include enhanced failure prediction, improved health forecasting, and optimized maintenance processes.
24Feb 25
ABB India Unveils 'Liora' Switch Range and Projects 10-15% Growth for FY26
ABB India introduced the 'Liora' modular switch range at ELECRAMA 2025, expanding its product portfolio in the electrical equipment sector. The company also forecasts a 10-15% growth rate for fiscal year 2026, anticipating eased backlog constraints. This combination of product innovation and projected growth indicates ABB India's efforts to strengthen its market position and potentially improve financial performance.
24Feb 25
ABB India Reports Robust Q3 Performance, Projects Stable Margins for FY26
ABB India's Q3 results show strong growth with net profit up 56% to ₹528.41 crore and revenue increasing 22% to ₹3,364.93 crore. Operating margin expanded to 19.5% from 15% last year. The company attributes this to efficient backlog execution and market expansion. ABB India forecasts FY26 margins in the 12-15% range as backlog conversion effects diminish. Operational efficiency improved with operating profit up 61.46% year-on-year to ₹615.8 crore in Q3 2024.
18Feb 25
ABB India Reports Record Q4 2024 Results Amid Slowing Growth and Increased Competition
ABB India Limited announced strong financial results for Q4 and full-year 2024, with Q4 revenue reaching INR 3,365 crore, a 22% year-on-year increase. The company's full-year revenue grew by 17% to INR 12,188 crore. A final dividend of INR 33.50 per share was recommended. ABB India also expanded its low voltage flameproof motor range. However, the company faces increased competition from Chinese players, leading to pricing pressure in the market.