At meeting held on 08 August 2024
The Board of ABB India at its meeting held on 08 August 2024 has approved the proposal to secure on lease approximately 6.41 acres of industrial land with warm shell factory, offices and other infrastructures, situated at Yentaganahalli Village Panchayath, Nelamangala Block, Bengaluru Rural District, Bengaluru (Premises) in line with the Company's overall growth and investment strategy.Additionally, the Board has granted in-Principle approval for an investment of up to Rs 85 crore to expand, inter alia, the Company's operations in Process Automation and Electrification business areas at the aforementioned Premises.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
 "India at Paris Olympics 2024 Day 13 LIVE SCORE UPDATES")
 "Illustration of a Polaris Dawn crewmember")
 "RBI, Reserve Bank of India")
 "Naga Chaitanya, Sobhita Dhulipala are engaged")
 "Byju's")
