ABB steps up focus on manufacturing amid revival in the capex cycle

14 Feb 2023 CW Team

ABB, a capital goods manufacturer, plans to expand its presence in India as the country's public and private capital expenditure (capex) increases demand for industrial goods.

At the same time, the export market is expanding, according to ABB India's Country Head and MD Sanjeev Sharma, driving the decision to increase capacity, since the Indian portion of the Zurich-based global corporation caters to foreign markets.

ABB India generates 87% of its annual revenue from the local market and 13% from the export market. According to Sharma, the objective is to position India as a global export hub as the order momentum from international markets remains strong. ABB's export markets include countries in West Asia, Africa, South East Asia, South America and the US.

"At the moment, we have 27 factories in four cities in the country. This includes plants at Nashik, Vadodara, Faridabad and Bengaluru. We have enough land near our existing plants as well as cash on our books to undertake further expansion of our manufacturing units. At least one or two more plants should come up in the near future," Sharma said without giving further details about these new units.

ABB India reported a topline of Rs 8,568 crore for the fiscal year ending December 31, 2022, a 24 percent increase over the previous year. Net profit for the fiscal year 2022 nearly doubled to Rs 1,026 crore, up from Rs 532 crore the previous year.

Also Read
NHAI approves road relaying work on 125-km Tiruchi - Madurai NH
Western Global introduces new jobsite fuel solutions at ConExpo

Infrastructure Transport

14 Oct 2025

Versova-Dahisar Coastal Road Project to Impact 1,200 Trees

The Versova-Dahisar Coastal Road Project in Mumbai will affect over 1,200 trees, according to the Brihanmumbai Municipal Corporation (BMC). Of these, 990 trees will be replanted, while the remaining will be cut down due to construction requirements. The project, which forms a key extension of the on-going Mumbai Coastal Road corridor, aims to ease traffic congestion in the western suburbs and enhance north-south connectivity along the city’s coastline. The BMC has assured that replantation efforts will be carried out in designated areas to maintain ecological balance and offset the environm..

New Entry-Exit Planned on Vadodara–Mumbai Expressway near Ankleshwar

The Vadodara–Mumbai Expressway is set to get a new entry and exit point near Ankleshwar, aimed at improving regional connectivity and reducing travel time for commuters in south Gujarat. The new interchange, proposed by the National Highways Authority of India (NHAI), will offer smoother access to nearby industrial and residential areas. The project forms part of the Bharatmala Pariyojana initiative, designed to strengthen India’s expressway network and boost economic corridors. Once operational, the new interchange is expected to enhance logistics efficiency by offering improved freight..

PMRDA Launches Rs 5,580 Mn Road Upgrade Plan to Ease Chakan Traffic

The Pune Metropolitan Region Development Authority (PMRDA) has launched Rs 5,580 million road infrastructure upgrade plan to address severe traffic congestion in the Chakan industrial region. The initiative aims to improve connectivity between Pune and major industrial hubs, including Talegaon, Moshi, and Alandi. Under the plan, PMRDA will widen existing roads, construct new link roads, and improve junctions across the Chakan–Talegaon and Moshi-Alandi corridors. These measures are expected to streamline the movement of goods and workers, benefiting the area are automotive and manufacturing ..