BENGALURU,
INDIA, MARCH 09, 2026:

●       
Significant capital expenditure to boost
Indian manufacturing and R&D of critical electrification and automation
solutions

●       
Expansion of manufacturing capacity for
critical infrastructure, including renewable energy, metro rail and data
centers across five locations

●       
New advanced R&D and testing labs in
Hyderabad and Bengaluru supports the “Make in India” initiative

●       
Creation of approximately 300+ new skilled
jobs in engineering, operations, and research supports localized production of
sustainable technologies

ABB
announced today that it will invest a further ~$75 million in India during 2026
to significantly expand its manufacturing footprint and research and
development (R&D) capabilities. This investment, combined with its 2025
spend of over $35 million, reflects ABB’s commitment to scaling its
“local-for-local” strategy in India. Approximately 85 percent of ABB’s
products and solutions sold in India are manufactured locally.

The
investment will support growth across ABB’s Electrification, Motion and
Automation business areas. It follows a decade of strong annual growth in the
country, where ABB has invested more than $230 million over this period to
strengthen India’s position as a global manufacturing hub. This year marks
ABB’s 76^th year of operations in the country.

“This
investment in India is an important part of our strategy to support
infrastructure build-out and growth in one of our fastest growing markets,”
said Morten Wierod, ABB’s Chief Executive Officer. “We are seeing strong demand
driven by the country’s energy transition, grid modernization, data center
development, and the rapid expansion of the metro and high-speed rail segments.
Our expanded facilities will ensure we meet this demand while enhancing our
capabilities to serve other markets in the region.”

Investing
in Indian Operations

Across
ABB’s business areas of Electrification, Motion and Automation, investments in
multiple Indian locations will focus on expanding production to support its
energy transition as well as industries critical to the economy, such as data
centers and public infrastructure. Approximately 300 new skilled jobs in
engineering, operations, and research are expected to be created as part of the
investments.

Bengaluru:
Nelamangala 1 and 2

ABB
is investing $14 million in its two Nelamangala campus facilities to drive
continued growth and deepen its localization strategy. Building on earlier
enhancements, the company is expanding production capabilities at Campus 1 and
preparing the launch of new technology ranges in 2026, including advanced
electrical protection and enclosure solutions. A major focus of the investment
is the scaling of ABB’s converter manufacturing facility, which will play a
central role in supporting India’s fast‑growing sustainable mobility sector.
Over the next three to five years, ABB plans to significantly expand its
portfolio serving high‑speed rail and metro transportation, reinforcing its
capabilities across propulsion systems, converters, traction motors and related
services.

The
company’s newly built Nelamangala Campus 2 will meet rising demand for power
protection with a tenfold production expansion for uninterruptible power supply
solutions and dedicated R&D. It will also house advanced rectifier
manufacturing, excitation and blending systems, and an integrated gas analyzer
systems facility, supporting multiple industries and strengthening regional
power and process infrastructure.

Bengaluru:
Peenya

ABB
is investing $21 million in its Peenya operations to expand manufacturing
capacity and strengthen advanced technology capabilities. Key investments
center on increasing manufacturing facilities for low‑voltage drives, and
specialized motors such as flameproof (Ex) motors, roller‑table motors, and
large smoke‑venting motors. The company is also enhancing its services and
digital capabilities by adding an innovation lab, remote monitoring and
diagnostics, and upgraded training facilities. Additionally, ABB is modernizing
its high‑precision electromagnetic flowmeter calibration rig, supporting
greater localization and advanced equipment manufacturing in India.

Hyderabad

ABB
is currently progressing a multi-phase laboratory and office project in
Hyderabad investing $12 million in 2026 as part of phase one which includes the
February 2026 operations relocation to a 12,400+ sqm leased office and lab
space.  For Phase two, a state-of-the-art
High Power lab on ABB-owned 16,630 sqm land, is scheduled for 2026. This hub
will house R&D and engineering employees.

Nashik

In
Nashik, ABB is expanding its current facility with an investment of $22 million
for the production of indoor and outdoor circuit breakers. In addition, the
enlarged facility will also feature an expanded Vacuum Interrupter (VI)
factory. The expansion will also drive a localization of 33kV Primary Gas
Insulated Switchgear and new SF6-free technologies by 2028.

Vadodara

ABB
will invest $6 million to expand its manufacturing footprint at its location in
Vadodara, with a focus on scaling up its slow-speed synchronous generators
facility and increasing the capacity of the induction motors factory to support
growing demand from core industries such as metals, oil & gas, cement and
wind. The company will also expand its services workshop, improve further
facilities and establish a training center.

The
revenue of ABB in India was more than $1.5 billion in 2025, accounting for ~4%
of the ABB Group total. With more than 10,000 people across India, ABB in India
operates across five locations with nearly 25 manufacturing, distribution and
operating facilities in addition to five major R&D centers.

ABB
is a global technology leader in electrification and automation,
enabling a more sustainable and resource-efficient future. By connecting its
engineering and digitalization expertise, ABB helps industries run at high
performance, while becoming more efficient, productive and sustainable so they
outperform. At ABB, we call this ‘Engineered to Outrun’. The company has over
140 years of history and around 110,000 employees worldwide. ABB’s shares are
listed on the SIX Swiss Exchange (ABBN) and Nasdaq Stockholm (ABB). www.abb.com