Major Investment by ABB to Boost Manufacturing and R&D in India
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ABB announces a USD 75 million investment in India in 2026 to expand production, R&D, and support energy transition, metro projects, and high-speed rail development.
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The investment is expected to increase ABB's capacity to manufacture and conduct research within India. The investment will allow for continued growth in its Electrification, Motion and Automation divisions.
Across the business areas of the company, investments in multiple Indian locations will focus on expanding production to support its energy transition and industries critical to the economy, such as data centres and public infrastructure. The investment is expected to add ~300 new skilled jobs in engineering, operations, and research.
This investment, combined with its 2025 spend of over USD 35 million, reflects ABB's commitment to scaling its ‘local-for-local’ strategy in India. Approximately 85 per cent of ABB’s products and solutions sold in India are manufactured locally.
According to Morten Wierod, ABB’s Chief Executive Officer - This investment in India is an important part of our strategy to support infrastructure build-out and growth in one of our fastest growing markets.
He further added, “We are seeing strong demand driven by the country’s energy transition, grid modernisation, data centre development, and the rapid expansion of the metro and high-speed rail segments. Our expanded facilities will ensure we meet this demand while enhancing our capabilities to serve other markets in the region.”
Key Investments in India
|
Location |
Investment |
Focus / Purpose |
Key Upgrades / Projects |
Future Plans / Notes |
|
Bengaluru: Nelamangala 1 & 2 |
USD 14 million |
Expand production & localisation strategy |
Campus 1: Scaling converter manufacturing; launch of advanced electrical protection & enclosure solutions |
Campus 2: 10x UPS production, R&D, rectifier manufacturing, excitation & blending systems, gas analyser facility; supports sustainable mobility sector (metro & high-speed rail) |
|
Bengaluru: Peenya |
USD 21 million |
Expand manufacturing & advanced tech capabilities |
Low-voltage drives, specialized motors (flameproof, roller-table, smoke-venting) |
Innovation lab, remote monitoring & diagnostics, upgraded training, modernisation of electromagnetic flowmeter calibration rig |
|
Hyderabad |
USD 12 million |
Multi-phase lab & office project |
Phase 1: Relocation to 12,400+ sqm leased office/lab |
Phase 2: High Power Lab on 16,630 sqm ABB land for R&D & engineering |
|
Nashik |
USD 22 million |
Expand the facility for breakers & localisation |
Indoor & outdoor circuit breakers, Vacuum Interrupter (VI) factory |
Localize 33kV GIS & SF6-free technologies by 2028 |
|
Vadodara |
USD 6 million |
Expand manufacturing footprint |
Slow-speed synchronous generators, induction motors |
Expand services workshop, improve facilities, establish training centre; supports metals, oil & gas, cement, wind industries |
About ABB India
ABB India is one of India’s leading global technology and automation company and has been operational for more than seven decades. It has plants in Bengaluru, Faridabad (Haryana), Nashik (Maharashtra) and Vadodara (Gujarat). The company operates in four business areas: electrification, motion, process automation, and robotics and discrete automation.
ABB India Share Price
As of the market close on March 9, 2026, ABB India Limited ended at Rs 5,982.50 per share, down Rs 79.50 or 1.31 per cent from its previous close of Rs 6,062.00. The stock traded in a range with a high of Rs 6,000.00 and a low of Rs 5,853.00, while opening at Rs 5,982.00. The volume-weighted average price (VWAP) for the session was Rs 5,925.36. On the same day, the total traded volume was 2.50 lakh shares, with a traded value of Rs 148.09 crore.
The company has delivered a year-to-date (YTD) growth of 15.91 per cent and a one-year (1Y) appreciation of 12.64 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.