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ABB Ltd, power and automation technology major, will invest around Rs 250 crore to build new facilities in India to manufacture high-voltage power products and transformers.
The expansion is part of the company’s strategy to develop, manufacture and market products that meet the needs of domestic customers, as well as serving as an export hub.
“The new manufacturing units will further strengthen our local footprint and enhance our product portfolio. They will enable us to serve our customers better as we continue to support the development of the country’s power infrastructure,” said Mr Pitamber Shivnani, local division manager, power products in India.
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