ABB inaugurated a new digital smart factory at their campus in Nelamangala in Bengaluru. Rukmini Rao visited the factory and caught up with Sanjeev Sharma, MD of ABB India and asked him about how the company is leveraging towards smart factories.
ABB India has seen growth over the last three quarters and is moving from strength to strength. In an interview to CNBC-TV18's Rukmini Rao, Sanjeev Sharma, MD of ABB India spoke about what he foresees for FY18.
In an interview to CNBC-TV18, Rabindra Nath Nayak, Senior Research Analyst (Power and Capital Goods) at Dolat Capital Group spoke about Rs 4,350 crore order that ABB received from Power Grid for a power transmission link.
In an interview to CNBC-TV18, DC Joshi, ED-Contract Services at Power Grid Corporation of India spoke about the contract that has been awarded to ABB & Bharat Heavy Electricals (BHEL).
Company is ideally positioned to really work with India on its competitiveness, on its automation solutions, said Ulrich Spiesshofer, Global CEO, ABB.
In an interview with CNBC-TV18, Ulrich Spiesshofer, Global CEO of ABB says that India is prospering and ABB plans to use this growth momentum to double its business in the country in coming time.
As far as the power systems business is concerned, the company has a stressed balance sheet and it will put cash over revenues says Bazmi Husain, MD of ABB India
The focus of the company will remain on short-cycle orders in power generation space, said MD Bazmi Husain, adding that exports grew at a robust pace of 30 percent in Q4.
In an exclusive conversation with CNBC TV18‘s Archana Shukla, ABB Global CEO, Ulrich Spiesshofer says the Indian business will grow way ahead of ABB‘s global revenues growth targets of 4-7% in the next 5 years
Shares of ABB rallied over 15 percent, hitting all-time high of Rs 1396.70 intraday Thursday, after the company‘s management clarified that they have no plans to delist ABB India.
The company Tuesday reported a net profit of Rs 58.6 crore for the December quarter, up 248 percent year-on-year, driven by a 122 percent jump in operating profits to Rs 149 crore. Growth in topline was a meager 6 percent.
Cost of funds has gone up. Plus there is a liquidity problem in the market because nobody wants to really borrow money at this rate
Bazmi Husain, country manager and MD, ABB says that the year 2012 has been a challenging period for the company with margins starting to stabilise only in Q4
Parag Parikh ED & CFO, Gammon Infrastructure Projects, says that the company has posted cash profit of Rs 122 crore for nine months in FY13.
ABB has declared its fourth quarter results. In an interview to CNBC-TV18, Amlan Datta Majumdar, chief financial officer of ABB says, he expects the margins to improve going forward.
ABB has bagged a Rs 4000 crore order from Power Grid. Bazmi Husain, country manager and MD, ABB spoke to CNBC-TV18 about the order and the way ahead for the company.
Joe Hogan, chief executive officer of ABB Group, in an exclusive interview to CNBC-TV18's Siddharth Zarabi on the Forbes India Show, gives his views on how the India’s infrastructure and power sectors will pan out further and whether the sectors have enough potential to attract foreign companies.