ABB could be a key player given the improved market for short-cycle orders from the private sector and T&D, railways, data centres, and PLIs
Mahindra & Mahindra (M&M) has selected ABB's PixelPaint technology for its new electric vehicle paint facility, ABB said on Wednesday. The deployment of the technology also includes 42 robots from the IRB 5500 family making M&M the first OEM in India to use PixelPaint technology for the painting of contrasting roofs and pillars, ABB said. PixelPaint consists of a paint head with more than 1,000 tiny, individually controlled nozzles, mounted on an ABB robot, the company said in a statement. "Our PixelPaint technology can apply large areas of uniform color as well as the tiniest details with complete accuracy, without delaying the production line or the need for manual intervention," said Joerg Reger, Managing Director of ABB Robotics Automotive Business Line. "By deploying PixelPaint-equipped robots in dedicated cells, Mahindra's paint shop will be able to apply finishes such as contrasting roof and pillar treatments on its new line of EVs in a completely automated ...
ABB shares were indicated to open 2.2% higher in premarket activity in Zurich
The committees wanted to probe potential "cybersecurity risks, foreign intelligence threats, and supply chain vulnerabilities at seaports in the United States,'
ABB is a key beneficiary of the pickup in the capex cycle
Indian auto companies are investing in robotics which is a potential source of traction
ABB also reported a sluggish growth in order intake for Q1FY24, at $ 8,667 million, up 2 per cent in comparable terms
Electrification and automation major ABB India on Thursday announced the expansion of its facility at Peenya factory in Bengaluru by setting up a new line for the production of variable speed drive modules. Variable speed drive modules are used to control the speed of electric motors to match the actual demands of the process to improve energy efficiency and performance in any industrial application or any building globally. When added to the existing motor of a pump, fan or compressor, a drive can typically reduce power consumption by up to 25 per cent, the company said. "ABB India expands its production footprint with a new line for variable speed drive modules at the Peenya factory in Bengaluru," the company said in a statement. The new line will produce drives ranging from 75 kW to 250 kW and will cater to all major industrial segments. Part of the integrated campus that houses ABB's corporate office and other business' factories, this new production line aims to meet the grow
The company posted better than expected results for the March quarter, and prospects remain strong
Analysts believe that increased traction in exports and services coupled with strong execution drove ABB's strong performance across segments.
In a Q&A, the MD of the engineering giant says each of the 18 divisions of the company has carved out its plan for business expansion where it sees merit
The company has signed an MoU with Ashok Leyland and the IIT-Madras for an e-mobility pilot
We can witness short-covering move along with addition of fresh position only if Nifty breaches 12,000
Increased need for automation may help firm rebound faster than peers
September quarter witnessed improvement in profitability, while business predictability took a knock
Although a confirm breakout is yet to take shape, still the Delta Corp counter is exhibiting upside on the charts as volumes spike
Rosengren (60), a Swedish citizen, is a highly experienced, international executive and leader of industrial businesses
GE will benefit through an expanded strategic supply relationship with ABB: GE CEO
ABB Group today announced the acquisition of Austria-based B&R, a solution provider in the automation of machines, for an undisclosed amount. Through the acquisition, ABB expands its leadership in industrial automation and will be uniquely positioned to seize growth opportunities resulting from the fourth industrial revolution, ABB said in a statement. Both companies have complementary portfolios. ABB is a leading provider of solutions serving customers in utilities, industry and transport and infrastructure and B&R is a leading solution provider in the automation of machines and factories for industries such as plastics, packaging, food and beverage, it said. ABB has steadily expanded its manufacturing, engineering and R&D footprint in the Indian subcontinent. It employs over 10,000 people across more than 40 locations in Bangladesh, India and Sri Lanka. The Group has 12 manufacturing sites on the subcontinent and one of its seven corporate research centres around the