ABB to expand its traction transformer business in India
By EPR Magazine Editorial December 7, 2017 6:05 pm IST
By EPR Magazine Editorial December 7, 2017 6:05 pm IST
ABB 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 move is part of the ‘Power Up’ transformation program in ABB’s Power Grids division.
In Asia, Middle East and Africa, to serve growing market needs and enhance customer proximity, ABB will expand its traction transformer operations in India, supporting the government’s ‘Make in India’ initiative. The company will also invest in upgrading its Datong traction transformer facility in China to improve efficiency and meet growing demand. Earlier this year, ABB inaugurated a new traction transformer facility in South Africa, in line with the government’s local procurement requirements.
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