ABB to Invest $50 Million Expanding Power Products Manufacturing Base in India
ABB will invest $50 million to build new facilities in India to manufacture high-voltage products and transformers. The expansion is part of ABB's strategy to locally develop, manufacture and market products that meet the needs of Indian customers.
According to Bernhard Jucker, head of ABB's Power Products division, this decision supports ABB's in country for country approach and its business philosophy to locate production facilities closer to markets. "By expanding our extensive manufacturing footprint in India, we can provide customers with an extended offering as well as deliver fast and cost-effective solutions suited to local needs," said Jucker.
The facilities will be located in the western state of Gujarat and produce high-voltage gas-insulated switchgear (GIS) and PASS (plug and switch system) hybrid switchgear as well as dry-type and oil immersed distribution transformers. The facilities are expected to be operational by the end of 2012.