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ABB India News
ABB India Q1 2019 profit rises 95%, revenue surges 18%
Tue, May 07, 2019
ABB India Limited announced its first quarter (Jan–Mar) CY2019 results. The company reported a profit before tax (PBT) of Rs 139 crore and profit after tax (PAT) of Rs 89 crore during the first quarter.
ABB aims to create custom-tailored digital solutions for customers
Fri, Apr 05, 2019
Customers can transform their ideas into digital solutions with design thinking-based methods and highly-qualified specialists from many of ABB’s businesses.
AI tech boost for MSMEs; NITI Aayog, ABB hold workshop to accelerate adoption
Tue, Mar 26, 2019
MSMEs are the lifeblood of Indian economy and will continue to play a big part in powering the country to a higher level. Lending a helping hand in this process are NITI Aayog and ABB.
ABB India Q4 result sees 15% YoY revenue growth; orders up by 17% - Check key revenue details
Fri, Mar 01, 2019
Citing full year highlights, the company said that total orders grew by 16% YoY, led by infrastructure, transportation and urbanization, as the year 2018 witnessed successes with ABB Ability digital offerings for customers in Indian cement, steel and tyre industries.
ABB India signs MoU with IIT Roorkee to drive smart power distribution
Fri, Jan 25, 2019
ABB India has joined hands with IIT Roorkee for the construction of an operational smart electricity distribution network and management system in the campus. The move is aimed to serve as a pilot project for the Smart Cities mission of the Narendra Modi government.
ABB powers up Lucknow cricket stadium, fans set to see some high voltage cricket action soon
Mon, Nov 12, 2018
ABB has provided key power equipment like low-tension (LT) and medium-voltage (MV) panels and modular ArTuK distribution switchboards and switchgear that can be monitored remotely through communication-based products, so that key power equipment like circuit-breakers can be managed optimally.
ABB India registers double digit growth across all divisions in Q3
Tue, Oct 30, 2018
Technology major ABB India Limited unveiled its third quarter (July – September) CY2018 results, registering double digit growth across all divisions. The company orders were up by 22% Y-o-Y led by consistent growth in base orders and exports, while operational EBITA increased by 68% Y-o-Y.
Indian Railways' project for Diesel Locomotive works in Varanasi bagged by ABB
Thu, Oct 18, 2018
The project, which is situated in the Lok Sabha Constituency of Prime Minister Narendra Modi, is part of Indian Railways' 'Mission Electrification' initiative to convert an additional 24,000 kilometers of railways network from fuel oil to electrification, said an ABB statement.
ABB launches economical charging solution for electric vehicles in India
Mon, Sep 24, 2018
ABB extends its portfolio of charging solutions which provides a high quality, cost-effective electric car charging point for private and business use, the company said.
ABB ranks 8th on Fortune's 'Change the World' list over its leadership in e-mobility, e-vehicle charging
Wed, Aug 22, 2018
ABB has the largest number of high-speed EV chargers on the road today, with more than 7,000 fast-charging systems installed around the world. These chargers have collectively saved nearly 2 million gallons of fuel and 20,000 tons of CO2. Every time an EV driver fully charges an electric vehicle at an ABB charging station, they’ve prevented approximately 100 pounds of CO2 from impacting the environment.
ABB India reports Q2 results; PAT rises 36 pct at Rs 102 crore
Thu, Jul 19, 2018
Total orders increased to Rs 2,474 crore during the second quarter of 2018, supported by base order growth. Export orders grew 68 percent year-on-year. Consistent market development efforts, greater collaboration and integrated offerings helped secure orders for clean energy, from process industries and in power infrastructure development, especially in the South Asia region.
Smart Cities Mission: ABB inks clean energy based 'smart power distribution' MoU with IIT Roorkee
Thu, Jul 05, 2018
"ABB has a strong relationship with India, having collaborated on several projects over many decades. Our agreement with IIT Roorkee strengthens ABB’s mission to nurture innovative thinking that helps people lead better lives,” said Sanjeev Sharma, Managing Director, ABB India.
Make in India set to get big robotics, Artificial Intelligence boost as ABB, Niti Aayog ink deal
Thu, May 24, 2018
Through this SoI, NITI Aayog will facilitate policymakers and government functionaries’ participation in workshops and training programs organized by ABB India. Such programs will feature subject matter experts and will aim to sensitize policymakers and government officials about relevant AI capabilities, and explore ways they can be used for revolutionizing manufacturing productivity.
ABB installs electric vehicle fast charger station at NITI Aayog
Thu, Feb 15, 2018
Supporting Indian government’s drive to systematically transform the nation's transportation base to electric vehicles, ABB installed fast charger station at NITI Aayog today.
ABB India achieves double digit revenue growth in Q4
Thu, Feb 08, 2018
The company's export orders reached an all-time high in the year, significantly more than doubling in 2017.
ABB India stocks tumble over 8% post Q1 earnings
Tue, Apr 26, 2016
The stock of the company tumbled 7.84% to Rs 1,240.60 at the Bombay Stock Exchange (BSE).