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ABB India Limited ( (IN:ABB) ) has issued an update.
ABB India has secured a major order from Titagarh Rail Systems to supply integrated propulsion equipment and Train Control and Management System (TCMS) software for 40 six‑car trainsets serving Mumbai Metro’s upcoming Lines 5 and 6, key corridors designed to improve connectivity, cut travel times and ease congestion across the city’s extended suburbs. The contract, which marks ABB’s entry into India’s 25 kV AC metro segment, will be fulfilled largely through its Bengaluru and Vadodara facilities and local engineering teams, reinforcing its role as a preferred provider of energy‑efficient, low‑emission rail technologies and deepening its footprint in India’s urban transport build‑out, with implications for stronger positioning in future metro tenders and a broader push toward sustainable mobility solutions.
More about ABB India Limited
ABB India Limited, part of the global ABB Group, operates in the industrial technology and electrification sector, providing advanced propulsion, traction, and control systems for rail and metro networks alongside a broad portfolio of energy-efficient, automation and power technologies. The company focuses on supporting large-scale infrastructure and urban mobility projects across India, strengthening its position in the rapidly expanding metro rail market through localized manufacturing and engineering capabilities.
Average Trading Volume: 8,356
Technical Sentiment Signal: Hold
Current Market Cap: 994.2B INR
For an in-depth examination of ABB stock, go to TipRanks’ Overview page.