ABB declared a strategic realignment of its global transformer manufacturing, engineering and service footprint to enhance competitiveness in a dynamic market environment which is marked by increasing competition and consolidation in the rail industry. The move is part of the ‘Power Up’ transformation program in ABB’s Power Grids division.
To serve growing market needs and enhance customer proximity in Asia, Middle East and Africa, ABB will expand its traction transformer operations in India, supporting the government’s ‘Make in India’ initiative. The company will also invest in upgrading its Datong traction transformer facility in China to improve efficiency and meet growing demand. In line with the government’s local procurement requirements, earlier this year, ABB inaugurated a new traction transformer facility in South Africa.
“This is a testimony to ABB’s long term commitment to the Indian market with continued investment and contribution to the Make In India program. With our traction transformers made in Vadodara we have provided best in class technology for the modernization of the Indian transportation sector,” said Sanjeev Sharma, Managing Director, ABB India. Read More…
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