Tag Archives: “Make in India” initiative

ABB to invest $75 million in India to expand manufacturing capacity and strengthen electrification and automation R&D

(IN BRIEF) ABB has announced plans to invest approximately $75 million in India in 2026 to expand its manufacturing capacity and research and development capabilities in electrification and automation technologies. The investment builds on more than $35 million invested in … Read the full press release

Daimler presented its involvement in India at Hannover Messe: EUR 750M investment and about 3,000 employees in Chennai

Investment of roughly EUR 750 million in Chennai since start of project Trucks produced locally since 2012; unlocking new market potential with new bus plant in May Dr. Wolfgang Bernhard, member of the Board of Management of Daimler AG responsible … Read the full press release