Asian Paints
2220.8 -58.70
Cipla
1325 3.80
Eicher Motors
7266 -354.50
Nestle India
1235.8 -16.60
Grasim Inds
2681.2 -37.20
Hindalco Inds.
945.35 -13.55
Hind. Unilever
2194.6 -31.10
ITC
306 -3.70
Trent
3689.4 -33.40
Larsen & Toubro
3842.1 -107.70
M & M
3187.6 -144.90
Reliance Industries
1424 19.20
Tata Consumer
1102.5 -14.20
Tata Motors PVeh
332 -18.75
Tata Steel
191.01 -7.45
Wipro
198.75 3.35
Apollo Hospitals
7779 54.50
Dr Reddy's Labs
1287 -16.80
Titan Company
4159.2 -85.40
SBI
1098.5 -44.50
Shriram Finance
987.2 -20.30
Bharat Electron
457.35 -11.10
Kotak Mah. Bank
386.35 -13.45
Infosys
1315 6.60
Bajaj Finance
938.05 -12.15
Adani Enterp.
1999.2 -40.70
Sun Pharma.Inds.
1807.4 8.00
JSW Steel
1192.6 -41.10
HDFC Bank
840.7 -16.35
TCS
2527.4 -30.20
ICICI Bank
1278.4 -35.00
Power Grid Corpn
295.2 -3.95
Maruti Suzuki
13508 -651.00
Axis Bank
1288.3 -27.50
HCL Technologies
1358.6 1.90
O N G C
270.8 -8.15
NTPC
376.25 -4.35
Coal India
437.65 -2.80
Bharti Airtel
1866.7 -4.10
Tech Mahindra
1336.3 4.60
Jio Financial
232.25 -7.10
Adani Ports
1421.3 -56.20
HDFC Life Insur.
653.75 -14.80
SBI Life Insuran
1912.5 -29.10
Max Healthcare
1041.5 -0.50
UltraTech Cem.
11378 -609.00
Bajaj Auto
9383 -433.00
Bajaj Finserv
1841.5 -27.40
Interglobe Aviat
4236.7 -167.40
Eternal
229.56 -3.01
ABB announced today that it will invest a further ~$75 million in India during 2026 to significantly expand its manufacturing footprint and research and development (R&D) capabilities. This investment, combined with its 2025 spend of over $35 million, reflects ABB's commitment to scaling its local-for local strategy in India. Approximately 85 percent of ABB's products and solutions sold in India are manufactured locally.
The investment will support growth across ABB's Electrification, Motion and Automation business areas. It follows a decade of strong annual growth in the country, where ABB has invested more than $230 million over this period to strengthen India's position as a global manufacturing hub. This year marks ABB's 76th year of operations in the country.
ABB is investing $14 million in its two Nelamangala campus facilities to drive continued growth and deepen its localization strategy. Building on earlier enhancements, the company is expanding production capabilities at Campus 1 and preparing the launch of new technology ranges in 2026, including advanced electrical protection and enclosure solutions. A major focus of the investment is the scaling of ABB's converter manufacturing facility, which will play a central role in supporting India's fast-growing sustainable mobility sector. Over the next three to five years, ABB plans to significantly expand its portfolio serving high-speed rail and metro transportation, reinforcing its capabilities across propulsion systems, converters, traction motors and related services.
ABB is investing $21 million in its Peenya operations to expand manufacturing capacity and strengthen advanced technology capabilities. Key investments center on increasing manufacturing facilities for low-voltage drives, and specialized motors such as flameproof (Ex) motors, roller-table motors, and large smoke-venting motors. The company is also enhancing its services and digital capabilities by adding an innovation lab, remote monitoring and diagnostics, and upgraded training facilities. Additionally, ABB is modernizing its high-precision electromagnetic flowmeter calibration rig, supporting greater localization and advanced equipment manufacturing in India.
ABB is currently progressing a multi-phase laboratory and office project in Hyderabad investing $12 million in 2026 as part of phase one which includes the February 2026 operations relocation to a 12,400+ sqm leased office and lab space. For Phase two, a state-of-the-art High Power lab on ABB-owned 16,630 sqm land, is scheduled for 2026. This hub will house R&D and engineering employees.
In Nashik, ABB is expanding its current facility with an investment of $22 million for the production of indoor and outdoor circuit breakers. In addition, the enlarged facility will also feature an expanded Vacuum Interrupter (VI) factory. The expansion will also drive a localization of 33kV Primary Gas Insulated Switchgear and new SF6-free technologies by 2028.
ABB will invest $6 million to expand its manufacturing footprint at its location in Vadodara, with a focus on scaling up its slow-speed synchronous generators facility and increasing the capacity of the induction motors factory to support growing demand from core industries such as metals, oil & gas, cement and wind. The company will also expand its services workshop, improve further facilities and establish a training center.
Powered by Capital Market - Live News