ABB India approves up to INR 85 crore investment for process automation and electrification expansion

ABB India's board has approved leasing 6.41 acres of industrial land with a warm shell factory in Bengaluru Rural District and an investment of up to INR 85 crore to expand its Process Automation and Electrification business areas at the premises.

“The Board of ABB India at its meeting held on 08 August 2024 has approved the proposal to secure on lease approximately 6.41 acres of industrial land with warm shell factory, offices and other infrastructures.”business-standard.com

• 1 source
• business-standard.comBoard of ABB India approves investment of up to Rs 85 cr in process automation and electrification biz | Capital Market News - Business StandardCapital MarketAug 8, 2024

Summarized from public sources; check the original articles before acting on it.