QUOTE AND NEWS
The Hindu Business Line  8 hrs ago  Comment 
Iraq signed a $500 million agreement with ABB to implement energy projects, Prime Minister Haider al-Abadi's office said in a statement on Sunday.“An electricity agreement was signed between the gove...
Financial Times  Feb 24  Comment 
PSA lays out vision for Opel; Walmart, ABB, global miners, and Apple in the news
Automotive World  Feb 23  Comment 
ABB announced today it has invested in Enbala Power Networks, a leading developer of software for managing power distribution networks. The investment was made through ABB’s venture capital unit, ABB Technology Ventures. Today’s grid operators...
Automotive World  Feb 22  Comment 
At the coming annual general meeting (AGM) on April 13, 2017, all ABB board members will stand for re-election, except for Robyn Denholm and Michel de Rosen who have decided to not stand for re-election. Following ABB’s selection process, the...
Yahoo  Feb 22  Comment 
Swiss engineering group ABB (ABBN.S) revealed the discovery of what it called a "sophisticated criminal scheme" in its South Korean subsidiary on Wednesday, which it expects will result in a $100 million pre-tax charge. ABB Chief Executive Ulrich...
CNNMoney.com  Feb 22  Comment 
Read full story for latest details.
The Hindu Business Line  Feb 17  Comment 
ABB India will soon install an 11 kilo-Volt (kV) digital substation at Technopark here. A digital substation is more compact, flexible, reliable, safe and cost-effective over the life-cycle than a co...
The Economic Times  Feb 16  Comment 
"ABB India will deliver a 110 kilovolt (kV) digital substation to Technopark, the largest Information Technology (IT) park in India, based on built-up area, located in Kerala."
Automotive World  Feb 14  Comment 
ABB announced today that it has acquired the Spanish start-up company NUB3D, a leading innovator of digital, 3D inspection and quality-control solutions. The acquisition expands the group’s portfolio of ABB Ability solutions that connect...
Automotive World  Feb 13  Comment 
ABB’s Electrification Products division has won a series of three orders to deliver its state-of-the-art fast-charging systems to customers in Europe and North America. All of the orders are for OppCharge charging stations, configured to operate...





 
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Business Profile

ABB (ABB), a partly-owned subsidiary of ABB Asea Brown Boveri of Switzerland, provides power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The company was incorporated on Dec. 22, 1949 as Hindustan Electric Company. Pursuant to a scheme of amalgamation of Asea with HBB, the name was changed to Asea Brown Boveri (ABB) with effect from Oct. 13, 1989. The chairman is Gary Steel and the Vice Chairman and Managing Director is Biplab Majumder.

ABB operates through its business divisions of power products, power systems, automation products, process automation and robotics. It manufactures a wide range of transformers, switchgears, breakers, capacitors, cables and utility automation products and executes projects for power generation, transmission and electrification. It has eight manufacturing facilities in Bangalore, Faridabad, Haridwar, Mumbai, Nashik, and Vadodara.

ABB has a large range of products to offer its clients. The list is exhaustive and so this link will take care of the same: ABB Offerings A-Z

ABB and IIT, Delhi signed an MoU for technology development and knowledge sharing through specific development projects and research in power and automation. The company bagged a turnkey order worth approximately Rs 4,300 million to provide an enterprise wide supervisory control and data acquisition (SCADA) system for ONGC; contracts worth Rs 3.11 billion power and automation systems from Grasim Industries and Ultratech Cement for installation of 220/132kV switchyards and supply of switchgears; a Rs 2.89 billion order by Delhi Metro Rail Corporation (DMRC) to supply the turnkey electrification package for Phase II of the Metro line spanning ten corridors across parts of New Delhi and surrounding areas of Gurgaon and NOIDA.

ABB operations in India include 14 manufacturing facilities and over 6500 employees. Customers are served through extensive countrywide presence with around 30 marketing offices, 8 service centers, 3 logistics warehouses and a network of over 750 channel partners. The ABB Group is increasingly leveraging the Indian operations for projects, products, services, engineering and R&D. Also, as part of ABB’s new regional approach, India has been designated as the hub for the South Asia region.

The corporate office and registered office are at Khanija Bhavan, 2nd Floor, East Wing, No. 49, Race Course Rd, Bangalore-560001.

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