ZURICH (dpa-AFX) - ABB Ltd., (ABBN.SW, ABB.ST, ABBNY), a technology company, said on Monday that it will invest an additional around $75 million in India. This proposed investment in 2026 will support the growth across ABB's electrification, motion, and automation businesses.
Morten Wierod, CEO of ABB, said: 'We are seeing strong demand driven by the country's energy transition, grid modernization, data center development, and the rapid expansion of the metro and high-speed rail segments. Our expanded facilities will ensure we meet this demand.'
For 2025, the revenue of ABB in India was over $1.5 billion, accounting for around 4% of the ABB Group's total revenue.
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