ABB India wins Rs 191 crore worth orders

ABB India has announced bagging two significant orders worth Rs 191 crore to supply traction equipment for Chittaranjan Locomotive Works, and industrial drives to Megha Engineering and Infrastructures.

In a filing to BSE, the company said that both these components will be produced at ABB’s Nelamangala facility in Bengaluru, in line with its commitment to the ‘Make in India’ initiative.

The facility includes one of the largest factories for locomotive applications and one of the four global shop-floors for medium voltage drives located in Southern India.

ABB will supply industrial drives worth Rs 68 crore to Megha Engineering and Infrastructures Ltd, an infrastructure company which recently announced its venture into the oil drilling segment.

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Research Desk

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