Bangalore: Power and automation technology group ABB will invest around Rs 250 crore to build new facilities in India to manufacture high-voltage power products and transformers.
The expansion is part of ABB's strategy to develop, manufacture and market products that meet the needs of Indian customers, as well as serving as an export hub, the company said in a statement.
"The new manufacturing units will further strengthen our local footprint and enhance our product portfolio. They will enable us to serve our customers better as we continue to support the development of the country's power infrastructure" said Pitamber Shivnani, Local Division Manager, Power Products in India.
The facilities will be located in Savli near Vadodara, Gujarat and produce high-voltage Gas-Insulated Switchgear (GIS) and PASS (Plug and Switch System) hybrid switchgear as well as dry-type and oil immersed distribution transformers.
The facilities are expected to be operational by the end of 2012, it said.