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2026-03-10 10:40:50 am | Source: Accord Fintech
ABB shines on planning to invest around $75 million in India during 2026
ABB shines on planning to invest around $75 million in India during 2026

ABB India is currently trading at Rs. 6179.95, up by 200.65 points or 3.36% from its previous closing of Rs. 5979.30 on the BSE.

The scrip opened at Rs. 6049.95 and has touched a high and low of Rs. 6214.30 and Rs. 6028.05 respectively. So far 8878 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 6299.80 on 10-Jun-2025 and a 52 week low of Rs. 4590.05 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 6214.30 and Rs. 5795.05 respectively. The current market cap of the company is Rs. 130895.80 crore.

The promoters holding in the company stood at 75.00%, while Institutions and Non-Institutions held 16.80% and 8.20% respectively.

ABB is planning to invest a further around $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. Around 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 76th year of operations in the country.

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