ABB Invests $75 Million in India to Strengthen Renewable Energy and Grid Infrastructure
2026-03-17 10:14
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Wedoany.com Report on Mar 17th, ABB announced a $75 million investment in India to expand its manufacturing and R&D capabilities, focusing on critical infrastructure areas such as renewable energy, grid systems, and electric mobility. This investment plan covers five locations, including new R&D and testing centers in Hyderabad and Bangalore, expected to create about 300 technical jobs and support innovation in power electronics, smart grids, and sustainable transportation.

ABB CEO Morten Wierod stated, "This investment in India is an important part of our strategy to support infrastructure development and growth in one of our fastest-growing markets." He added, "We see strong demand driven by the country's energy transition, grid modernization, data center development, and rapid expansion in metro and high-speed rail sectors." The company has cumulatively invested over $230 million in India, with its Indian business revenue exceeding $1.5 billion in 2025, accounting for approximately 4% of the group's total revenue.

In the Peenya Industrial Area of Bangalore, ABB invested $21 million to expand manufacturing capacity for producing low-voltage drives and specialized motors for renewable energy and industrial applications. Concurrently, in Vadodara, $6 million was invested to expand production areas to meet the demands of industries such as metals, cement, and wind energy. ABB also invested $14 million in its dual-campus facility in Nelamangala, Bangalore, to enhance local design and manufacturing capabilities for producing electrical protection technologies and converters, supporting electric mobility and renewable energy integration.

With India's emergence as a clean energy manufacturing hub, ABB's new facilities will serve both domestic and international markets. A McKinsey 2025 report indicates a significant increase in India's share of global manufacturing, with electronics exports to the U.S. projected to grow from $10 billion to $80 billion by 2030. Over the next three to five years, ABB plans to expand its business in high-speed rail, metro electrification, and grid-connected energy solutions, continuing investments in offices and laboratories in Hyderabad and Nashik to support India's transition to an electrified, efficient energy economy.

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