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.
ABB has 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 company said its plans here are also aimed at supporting the government’s ‘Make in India’ initiative. “With our traction transformers made in Vadodara we have provided best-in-class technology for the modernisation of the Indian