Switzerland-headquartered global engineering and automation major ABB plans to invest about $75 million in India in 2026 to expand manufacturing capacity and research capabilities, as demand rises from sectors such as renewable energy, rail transport, and data centres.
The investment will be spread across the company’s facilities in Bengaluru, Hyderabad, Nashik and Vadodara and will support growth in its electrification, motion and automation businesses. The expansion is also expected to create more than 300 skilled jobs in engineering, operations and research.
The company said the move is aimed at strengthening its “local-for-local” strategy, under which a majority of the products sold in India are manufactured within the country.