ABB to expand traction transformer business in India – Feedback

Swiss engineering group ABB said today that it will expand its traction transformer business in India to drive competitiveness.
Indias expansion is aligned with growth in railways and metro network, the company said in a statement.

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.Company said its plans here are also aimed at supporting the governments Make in India initiative.

http://indiatoday.intoday.in/story/abb-to-expand-traction-transformer-business-in-india/1/1084283.html

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