ABB shares have doubled over the last year, and have risen 30 percent in the last three months along.
Kanpur Metro: The entire length of the project in Kanpur is 32 km and is being built at a cost of over Rs 11,000 crore.
Noting that improving urban mobility has been one of the key focus areas of the prime minister, the PMO said the metro project is yet another step in this direction.
In his address at the trial run of the Metro between IIT-Kanpur and Motijheel here, he said, "Within the next four to six weeks, we will be able to complete the process of metro trial and get it launched for Kanpurites by Prime Minister Narendra Modi".
The investment is its second-biggest operation outside the European Union till date. The European Investment Bank had earlier sanctioned a 450 million euro loan for the development of Lucknow Metro