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ABB Invests In India
By:
DailyMarkets.com
Posted on April 18, 2012 at 16:08 PM EDT
Recently, ABB Ltd. (NYSE:ABB) expanded its reach in India with an investment of $50 million for building new manufacturing facilities for high-voltage products and transformers. Through this investment, the company will be able to fulfill the needs of Indian customers by developing, manufacturing and marketing products locally. Local production will ensure fast delivery of products [...]
Recently, ABB Ltd. (NYSE:ABB) expanded its reach in India with an investment of $50 million for building new manufacturing facilities for high-voltage products and transformers. Through this investment, the company will be able to fulfill the needs of Indian customers by developing, manufacturing and marketing products locally. Local production will ensure fast delivery of products at economical rates. Related Stocks:
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