ABB to expand traction transformer biz in India

The company said its plans here are also aimed at supporting the government's 'Make in India' initiative

power, electricity, power generation, power distribution, ATC losses, ATC, generation, distribution, sub-station, transformer,
Power hurdle: There is ambiguity and discomfort on electricity being kept outside the purview of the goods and services tax. Photo: iSTOCK
Press Trust of India New Delhi
Last Updated : Nov 07 2017 | 11:40 PM IST
Swiss engineering group ABB said on Tuesday that it will expand its traction transformer business in India to drive competitiveness. India’s expansion is aligned with growth in railways and metro network, the firm said.

ABB has announced a strategic realignment of its global transformer manufacturing, engineering and service footprint to enhance competitiveness in a dynamic market environment marked by increasing competition and consolidation in the rail industry.

The company said its plans here are also aimed at supporting the government’s ‘Make in India’ initiative. “With our traction transformers made in Vadodara we have provided best-in-class technology for the modernisation of the Indian transportation sector,” said Sanjeev Sharma, managing director, ABB India. 

“Our 1000th traction transformer went to the Lucknow metro project while the 800 new electric freight locomotives for India Railways will also be fitted with ABB’s reliable and compact traction transformers supporting modernisation and economic development.”.

ABB’s traction transformer factory is located in Maneja, Gujarat and is its oldest and biggest manufacturing location in the country. ABB has been supplying traction transformers to Indian Railways and metro rail since 1999. 

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Next Story