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ABB India will invest $75 million to expand manufacturing and R&D operations
ABB India Ltd (NS:ABB) announces plans to invest approximately $75 million in India to expand its manufacturing capabilities and R&D operations.
The investment will focus on increasing production capacity for renewable energy, metro rail transit, and data centers. The company states that this expansion will create over 300 new technical jobs in India.
As part of the investment plan, ABB India will allocate $14 million specifically for its Nelamangala campus facilities.
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