ABB India

ABB

bags ₹173.55 cr order from Siemens Gamesa! 🚀

ABB India

will supply 3.X wind turbine converters and electrical cabinets from its Nelamangala facility, with monthly deliveries scheduled between Jan–Dec 2026. This strengthens ABB’s renewable energy portfolio and highlights its role in driving India’s clean energy transition. Backed by a ₹10,000+ cr order backlog, ABB India reported Q2FY25 revenue of ₹3,175 cr (↑12% YoY), though net profit slipped ~20% to ₹352 cr due to margin pressures. With a debt-free balance sheet, strong ROE of 26%, and consistent growth in Electrification & Motion segments, this fresh win adds to long-term revenue visibility and cements ABB’s leadership in sustainable tech. 🌱⚡