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ABB India Ltd (BOM:500002) reports robust revenue growth and product innovation, while navigating profitability pressures and strategic shifts.
ABB India, in partnership with Microsoft and SynerLeap, announced Cloudworx as the winner of the ABB Startup Challenge India 2025, contributing to reshaping how Indian industries adopt ABB's drives and accelerating energy efficiency. ABB experts will directly work with Cloudworx, which offers AI-powered 3D visualization, to develop a market-ready solution with the opportunity to launch it globally for ABB's customers and partners.
ABB India has expanded its local production footprint with the launch of a new line for variable speed drive (VSD) modules at its Peenya factory in Bengaluru. With this line, the local production capacity of drives has increased by about 25 percent, supporting the country's 'Atmanirbhar Bharat' and 'Make in India' programs. Equipped with state-of-the-art technology, the new line will help meet growing demand for drives that enable improved energy efficiency and productivity.
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