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The latest update is out from ABB India Limited ( (IN:ABB) ).
ABB India has dispatched its first locally manufactured wind power converter from its Nelamangala facility in Bengaluru following the acquisition of Gamesa Electric’s power electronics business in December 2025, marking a key step in integrating proven wind energy conversion technologies into its portfolio. The milestone underlines ABB’s commitment to accelerating the energy transition through advanced, India-made wind, solar, and battery energy storage solutions, reinforcing both its own position in the renewable energy value chain and India’s role as a global renewable manufacturing hub as the country targets a sharp expansion in wind capacity by 2030.
More about ABB India Limited
ABB India Limited operates in the industrial technology and electrification sector, providing power electronics, motion, and automation solutions with a strong presence in renewable energy infrastructure. Leveraging its manufacturing base in Bengaluru, the company serves both domestic and global markets in wind, solar, and energy storage technologies, aligning with India’s broader push to become a hub for clean energy equipment manufacturing.
Average Trading Volume: 8,233
Technical Sentiment Signal: Hold
Current Market Cap: 1031.4B INR
See more data about ABB stock on TipRanks’ Stock Analysis page.