ABB's $75M investment in India will create 300 jobs
What's the story
ABB, a leading player in electrification and automation, has announced plans to invest an additional $75 million in India during 2026. The company intends to use this investment to expand its manufacturing capabilities and research and development (R&D) capabilities. The move is part of ABB's "local-for-local" strategy, which aims at strengthening its presence in the Indian market.
Local production
Strengthening local manufacturing capabilities
ABB has a strong commitment to local manufacturing, with around 85% of its products and solutions sold in India being produced domestically. The new investment will boost growth across ABB's electrification, motion, and automation business areas. This comes after a decade of robust annual growth in the country where ABB has invested over $230 million during this period.
Strategic investment
Supporting energy transition and critical industries
Morten Wierod, ABB's CEO, emphasized the importance of this investment in India as part of their strategy to support infrastructure growth in one of their fastest-growing markets. The investments will be made across multiple Indian locations, and focus on expanding production capacity to support energy transition and critical industries such as data centers and public infrastructure.
Job creation
Creating new skilled jobs
The investments are expected to create around 300 new skilled jobs in engineering, operations, and research. ABB is investing $14 million in its two Nelamangala campus facilities to drive growth and deepen its localization strategy. Another $21 million is being invested in Peenya operations for expanding manufacturing capacity and strengthening advanced technology capabilities.
Expansion plans
Expanding operations in Hyderabad
ABB is also working on a multi-phase laboratory and office project in Hyderabad. The company will invest $12 million in 2026 as part of phase one, which includes relocating operations to a leased office and lab space of over 12,400sqm. Phase two will see the establishment of a High Power lab on ABB-owned land measuring 16,630sqm.
Manufacturing growth
Investments in Nashik and Vadodara facilities
In Nashik, ABB is expanding its existing facility with an investment of $22 million for manufacturing indoor and outdoor circuit breakers. The company will also invest $6 million to expand its manufacturing footprint in Vadodara. This will involve scaling up the slow-speed synchronous generators facility and increasing the capacity of the induction motors factory to meet rising demand from key industries such as metals, oil & gas, cement, and wind.