ABB Strengthens Commitment to India's Economic Development
ABB's expansion of the Chennai center demonstrates its commitment to the country's "Make in India" policy, aimed at strengthening its industrial base and fueling economic growth.
The competency center, whose workforce will be doubled to 1,200 over the next two years, brings together professional engineering resources under one roof, serving ABB units across the world from its base in Chennai, among the largest industrial and commercial centers in India. The move will increase the number of ABB employees in India to close to 10,000.
"This expansion reaffirms ABB's commitment to India as a key growth market and an important resource base," ABB CEO Ulrich Spiesshofer commented at the company's Automation and Power World APW 2015 customer fair in New Delhi. "Our focus in India will continue to be on organic growth, which we will drive by increasing our investment in technology and our team, expanding our local footprint, and strengthening our operations in line with the country's 'Make in India' objectives. The investment is part of ABB's Next Level strategy, which aims to accelerate sustainable value creation for our customers and shareholders."
Established in 2007, the engineering and operations center provides engineering support for all aspects of project management and business processes, including tendering, engineering, planning, procurement, functional system testing, installation supervision and commissioning.
In addition, ABB is strengthening its local Power Protection Product Group with a manufacturing facility for the assembly of uninterruptible power supplies (UPS). Starting this month, two modular UPS assembly lines at the plant in Nelamangala on the outskirts of Bangalore will provide power-quality solutions to Indian and global customers.
This additional local assembly unit will increase cost effectiveness and improve efficiencies. With the local sourcing of components, ABB's Power Protection product group improves price competitiveness while maintaining the highest quality standards.