ABB India Limited has informed the Exchange regarding a press release dated March 09, 2026, titled "ABB invests 75 million US Dollar in India to expand manufacturing and R&D for critical segments".
ABB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
ABB India announced a capital expenditure of approximately $75 million in 2026 to expand its manufacturing footprint and R&D capabilities in India. The investment will be spread across five locations: Nelamangala ($14 million), Peenya ($21 million), Hyderabad ($12 million for labs and offices), Nashik ($22 million for circuit breakers), and Vadodara ($6 million). Focus areas include electrification, motion, and automation products serving renewable energy, metro rail, data centers, and high-speed rail segments. The expansion includes a newly built Nelamangala Campus 2 with a tenfold production scale-up for UPS solutions, new R&D labs in Hyderabad and Bengaluru, and is expected to create around 300+ new skilled jobs. ABB India reported revenue of over $1.5 billion in 2025, contributing about 4% of ABB Group's total revenue.
Positive for shareholders — the investment reinforces ABB India's long-term growth commitment, supports capacity expansion in high-demand sectors like data centers and renewables, and creates new skilled jobs. It signals management's confidence in India's infrastructure growth and should support future revenue growth, though the financial impact will be spread over multiple years.