Category: Electrical Equipment
ABB, a leading automation technology provider in the country, is setting up a new greenfield unit at Neelamangala in Bangalore with an investment of USD 50 million. Spread over 18 acres, the unit will manufacture fuse units, circuit breakers, voltage drives and systems, power rectifiers, static excitation systems, main and auxiliaries traction converter systems among other equipments. The new unit is expected to add USD 100 million to its current turnover. Now, the company will also look at export markets in Africa and South East Asia.