ABB invests ~$75 million in India to expand manufacturing and R&D for critical segments

Core Insights - ABB is investing approximately $75 million in India in 2026 to enhance its manufacturing and R&D capabilities, building on a previous investment of over $35 million in 2025, demonstrating a strong commitment to its "local-for-local" strategy [1][2][14] - The investment will bolster growth in ABB's Electrification, Motion, and Automation sectors, following a decade of over $230 million in investments in India, marking the company's 76th year of operations in the country [2][3] Investment Details - The investment will create around 300 new skilled jobs in engineering, operations, and research, supporting local production of sustainable technologies [4][14] - Specific investments include $14 million in Nelamangala for expanding production capabilities and launching new technology ranges, $21 million in Peenya for enhancing manufacturing capacity and advanced technology capabilities, and $22 million in Nashik for circuit breaker production [5][7][9] - A $12 million investment in Hyderabad will support a multi-phase laboratory and office project, with plans for a state-of-the-art High Power lab [8] Strategic Focus - The investments are aimed at supporting India's energy transition, grid modernization, data center development, and the expansion of metro and high-speed rail segments [3][4] - ABB's new facilities will enhance its capabilities to serve other markets in the region while meeting the rising demand for power protection and advanced manufacturing solutions [6][7] Financial Performance - ABB's revenue in India exceeded $1.5 billion in 2025, accounting for approximately 4% of the total ABB Group revenue, with over 10,000 employees across five locations [16]