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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

There is ambiguity and discomfort on electricity being kept outside the purview of GST
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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

Press Trust of India New Delhi
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

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