ABB (ASEA Brown Boveri) India is one of the world's leading engineering companies. It offers a complete portfolio of industrial technology products for customers in power grids, motors and drives, utilities, industry, transport and infrastructure.
ABB (ASEA Brown Boveri) India is one of the world's leading engineering companies. It offers a complete portfolio of industrial technology products for customers in utilities, industry, transport and infrastructure.
Market Capitalisation
The market capitalisation of ABB India on June 12, 2018 is over 26,500 crore.
ABB is the largest supplier of industrial motors and drives, the largest supplier of power grids and the largest provider of generators to the wind industry. The company connects hydro power from North East India through a 1,730 km long UHVDC to Agra. ABB has also tested the first ultra-high voltage 1,200 kilovolt power transformer in Vadodara. Moreover, the company's i-bus® KNX lighting control solution controls over 11,000 electrical devices and 100,000 illumination points on the Delhi airport to make considerable energy savings. ABB operates in more than 100 countries with about 135,000 employees.
ABB India was incorporated in 1949 in Mumbai as Hindustan Electric Company Ltd. It is a Swedish based company that is headquartered in Zurich. The history of the company goes back to the 19th century. It has been a global Fortune 500 company for 23 years. The company has several manufacturing plants in India that are located in Mumbai, Nashik, Bangalore, and other cities. In 2013, ABB inaugurated two new facilities producing power products in India. The name of the company was changed to Hindustan Brown Boveri Ltd. in 1965. Following the amalgamation with Asea Ltd in 1989, the name of the company was changed to Asea Brown Boveri Ltd. (ABB). ABB employs more than 10,000 people across over 40 locations in Bangladesh, India and Sri Lanka. In addition to the manufacturing plants, one of its seven corporate research centers around the world is based in India.
Mr. Jean-Christophe Deslarzes - Non-Executive Chairman
Jean-Christophe was appointed as the non-executive and non-independent director and the chairman of the board of directors for ABB India Limited in 2017. A Swiss citizen, Jean-Christophe Deslarzes, has been Chief Human Resources Officer and member of the Executive Committee of ABB Ltd. since November 2013, based in Zurich. He began his career in 1991 as a tax and legal consultant at Arthur Andersen in Geneva, Switzerland. In April 2015, he was elected to the Board of Directors of the Adecco Group. Jean-Christophe Deslarzes holds a master's degree in Law from the University of Fribourg, Switzerland.
Mr. Sanjeev Sharma - Managing Director
Sanjeev has been the Managing Director at ABB India since 2012. He has experience of over 26 years with base in Europe, South Asia and India. Prior to 2012, Mr. Sanjeev was Senior Group VP for Global Product Manager from 2007-2012. He was also VP for Global Marketing and Sales from 1999-2004. He is a E&T engineer and IMD alumni.
The stock of ABB India is available for trading on the two major stock exchanges of India - The National Stock Exchange Limited (NSE) and The Bombay Stock Exchange (BSE).
BSE: 500002
NSE: ABB
ISIN: INE117A01022
Sector: Infrastructure - General
The company forms a part of important indices like:
Corporate Office
21st Floor, World Trade Center,
Brigade Gateway,,No.26/1, Dr. Rajkumar Road,
Bengaluru, Karnataka 560055
Tel: 080-22949150 080-22949151
Fax: 080-22949148
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