ABB India Ltd Adds Capacity & Launches IE5 Ultra Premium Efficiency LV Motors

ABB India Ltd has announced a 23% capacity addition, increasing its existing capacity from 26300 nos./month to an undisclosed amount. The new capacity is expected to be added within a certain period, with an investment of INR 140 Crores for capacity expansion, warehouse, and upgradation of existing facilities and offices. The financing will be through self or internal financing. Alongside capacity addition, ABB India Ltd has launched IE5 Ultra Premium Efficiency LV Motors, catering to the domestic market. The product launch details and capacity addition are available in the enclosed Annexure A and B, and on the company's website.