Plan to double exports from India in next 3-5 years: ABB

A: At the moment we are on our way to export about a quarter. What we are doing in the future, this could be half or more if we are successful. So there is no limitation to that in terms of market perspective. We need to make sure we do it under the same paradigm as we do every of our business. Before we run, we want to walk, we want to provide good quality, good technology, reliable commitments to our customers wherever we go. We need to make sure that the set up of supply chains outside of India go in line ramp up manufacturing capacity here and if we do this in a responsible way, there is ambitious plans to develop this market, I see a good growth in the ratio of export of ABB in India over the next decade.

Q: You are already at 75 percent shareholding in the Indian entity, would there be a thought-process to eventually go in for delisting?A: We are focusing fully at the moment on running the business and driving operational performance and when the time is right to consider any change, we will talk about it. At the moment the focus is fully on operational improvement and serving the country in its profitable flow.Q: So delisting is not on the cards as of now? Should shareholders look for some dividends?A: At the moment we have no plans for any change in the shareholder structure. At the moment the focus is on operational improvement and operational growth of this business.