Power and automation technology group ABB has announced plans to invest $50m to build new facilities to manufacture high-voltage power products and transformers in India.
ABB head of power products division Bernhard Jucker said this decision supports the company's approach and business philosophy to locate production facilities closer to markets.
"By expanding our extensive manufacturing footprint in India, we can provide customers with an extended offering as well as deliver fast and cost-effective solutions suited to local needs,"said Jucker.
The facilities, to be set up in the western state of Gujarat by the end of this year, will produce high-voltage gas-insulated switchgear and plug and switch system hybrid switchgear, as well as dry-type and oil immersed distribution transformers.
ABB`s plug and switch system is a hybrid switchgear solution that combines air- and gas-insulated technologies.
The new oil immersed transformer factory will extend the distribution transformer range by up to 10 megavolt amperes (MVA).