business / news / / Devdiscourse
ABB India announces 25 percent year-on-year increase in orders.
ABB India reported a 25% year-on-year order increase to ₹4,280 crore in Q1 2026.
KEY POINTS
- The company's order backlog rose 17% to ₹11,094 crore, providing strong future revenue visibility.
- ABB India is investing USD 75 million to expand manufacturing and R&D in renewables, metro rail, and data centers.
- The first locally manufactured wind power converter was dispatched from ABB's Nelamangala facility in Q1 2026.
- Profitability was affected by lower-margin orders, forex volatility, and increased logistics costs due to West Asia tensions.
COMPANIES
Summarized by Newsio from Devdiscourse. How we summarize →