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
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Power hurdle: There is ambiguity and discomfort on electricity being kept outside the purview of the goods and services tax. Photo: iSTOCK
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.