ABB India has won two orders to supply traction equipment for Chittaranjan Locomotive Works, the manufacturing unit of the Indian Railways, and industrial drives to Megha Engineering & Infrastructures Limited.
Both these components will be produced at ABB's Nelamangala facility in Bengaluru, in line with the company's commitment to the 'Make in India' initiative.
ABB will supply industrial drives worth Rs 68 crore to MEIL, an infrastructure company which recently announced its venture into the oil drilling segment.
It will also supply traction equipment worth Rs 123 crores to CLW, a company statement said on Wednesday.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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