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ABB
a subsidiary of the global ABB Group, is a diversified engineering company offering a comprehensive range of products and services in electrification, automation, motion, robotics, and process industries. Backed by access to ABB's global R&D, it operates across four major segments: Electrification (43%), Motion (34%), Process Automation (18%), and Robotics & Discrete Automation (5%). The company has a strong domestic focus (90% revenue from India) and caters to industries like energy, transport, and manufacturing through 28 sales offices and 750+ partners, along with exports to 30+ countries. Its product-led model contributes 74% of total revenue, with growing contributions from services and projects.
As of Q1 CY25, ABB India had a robust order book of ₹9,958 Cr and received fresh orders worth ₹3,751 Cr, reflecting healthy demand. Recent initiatives include the launch of innovative products like LIORA switches and flameproof motors, a partnership with AI startup UptimeAI, and expansion plans involving a 10-acre land acquisition. The company is also strengthening its renewables and energy storage presence through the acquisition of Gamesa Electric’s power electronics unit. Globally, ABB is restructuring its robotics and automation businesses, which could have strategic implications for its Indian operations.#FundamentalViews
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