ABB's $75 Million Push for Indian Manufacturing Growth
ABB is set to invest $75 million in India in 2026, boosting its manufacturing and R&D capabilities. As part of its 'Make in India' initiative, the investment aims to expand India’s infrastructure, including renewable energy, metro rail, and data centers, and create 300 new skilled jobs.
In a significant financial boost, ABB has announced a $75 million investment in India for 2026, aiming to enhance its manufacturing and R&D facilities. This move underscores ABB's commitment to the 'Make in India' initiative and its local-for-local strategy by significantly expanding its production capabilities across five key locations.
The company plans to create approximately 300 new skilled positions to focus on areas like renewable energy, metro rail, and data centers. This venture follows ABB's previous investment of over $35 million in 2025, reflecting a decade of strong growth and supporting India's ascent as a global manufacturing powerhouse.
Morten Wierod, ABB's CEO, highlighted the increased demand in India due to the energy transition and rapid urban infrastructure development, indicating that these expanded facilities will help meet regional needs while contributing to the nation's economic tide.
(With inputs from agencies.)
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