Capacity pegged at 1,500 traction motors a year
RIL has already spent $1.4 billion to acquire technologies across the solar battery and hydrogen ecosystems
ABB is a leading global technology company that energises the transformation of society and industry to achieve a more productive, sustainable future
ABB India on Wednesday said it has partnered with Indore Smart City Development Ltd to deploy next-generation digital technology that enables continuous supply of electricity to homes and businesses.
ABB Power Products & Systems India on Friday announced its rebranding as Hitachi Energy India Ltd. "Following the recent rebranding of its parent company to Hitachi Energy, its operations in India today announced their evolution to Hitachi Energy India Limited', reaffirming their commitment to accelerating the clean energy transition in India," a company statement said. Formerly known as ABB Power Products & Systems India Limited, the business continues to be listed on India's stock exchanges, it added. India is on an ambitious journey to become carbon-neutral and at the recent COP26 climate summit in Glasgow, the country announced a five-point climate pledge for 2030 and a target of net-zero carbon emissions by 2070, it said. Hitachi Energy, which has focused its purpose on 'advancing a sustainable energy future for all', views India among its top five markets for expansion. India has significant potential in renewable energy, smart grids, grid modernisation, and the ...
ABB India on Tuesday posted over 40 per cent jump in its net profit at Rs 120 crore for the September quarter, mainly on the back of higher revenues
Total revenue of the firm rose to Rs 1,425 crore in the quarter from Rs 986 crore a year ago.
"Valuations for consumption stocks now appear stretched while the industrials sector still trades at historical averages," wrote Amish Shah of BofA Securities
Ola's factory will create 10,000 jobs and serve as the company's global manufacturing hub for India and international markets
Ola's electric scooter factory will have an initial annual capacity of around 2 million units and will create around 10,000 jobs
ABB India on Wednesday reported over 4 per cent decline in its net profit to Rs 62 crore for December quarter
A focus on localisation and increase of duties in select sectors are also expected to boost manufacturing across sectors.
ABB India Limited posted a net profit of Rs 85 crore for the July-September quarter of 2020-21, a company statement said here on Thursday
Sales declined 7.17% to Rs 1600.11 crore i
Companies say mechanisation is here to stay even in the post-pandemic world
The stock of ABB has maintained a good base near 890 levels and has picked up momentum to improve the bias
Its net profit had stood at Rs 60.66 crore in the corresponding period a year ago, according to a BSE filing
Coping with Covid: Shorter credit-cycle deals, bank guarantees on pro-rata basis the new norm
In a Q&A, the firm's MD says export orders remain steady, and the company is focusing on reduction of discretionary expenses, high cash collection and limited critical business investments
Engineering major ABB India on Friday said that it has opened a new robotics facility to support the digital transformation of manufacturing in India.