| The centre will initially target a phased build up to around 500 man years of engineering and systems support to other ABB operations over the next few years. |
| It will focus on activities like project based engineering services, material costs migration to high productivity countries, supply chain management systems and other development projects. |
| A statement said that a multinational team from ABB's automation business will facilitate the exchange of technology. Already, the company has appointed Tom Sjoekvist, head, automation products business area (worldwide) as a director of ABB India. |
| Dinesh Paliwal, head of automation technologies division worldwide and chairman ABB India said, " This decision reflects our commitment towards developing a global value chain, where key business activities and expertise are shared across geographic boundaries." |
| ABB said, the new facility will be managed by the group's Indian subsidiary and will serve as a resource base for ABB units worldwide. Incidentally ABB already runs a corporate R&D centre in the city. |
| Established in 2002, the corporate R&D facility with about 100 domain experts is the first such centre outside Europe and the US. It focuses on industrial IT, which integrates plant automation, asset optimisation and collaborative business processes in real time for business decision support. |
| Incidentally ABB encouraged by the performance of the R&D centre is expanding it as well. While numbers this year were projected to double from 50 domain experts, the company said the facility is entering the rapid growth phase. Within two years of operations, it has sucessfully delivery 40 key projects. |
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
