ABB India marks 30 Years of NSE Listing
Among the first companies listed on NSE at its inception in 1994
Market capitalization and share price surged 68x
Consistent dividend payout for 30 years
Revenue up 20x, PAT up 37x since 1994
Manufacturing footprint expanded 3-fold in the period with green certified facilities
MUMBAI, India, Aug. 4, 2025 /PRNewswire/ -- ABB India Limited, a leading player in electrification and automation, today celebrated 30 years of its listing on the National Stock Exchange (NSE) with a ceremonial bell-ringing event at NSE Mumbai. The event was graced by Ashishkumar Chauhan, MD & CEO of NSE, and Sanjeev Sharma, Country Head and Managing Director, ABB India, alongside senior leaders from both organizations.
Listed on February 8, 1995, ABB India has evolved from a traditional electrical equipment and engineering firm into a future-ready electrification and automation technology leader. Over the past three decades, the company has consistently delivered strong financial performance and shareholder value. A lot of 100 shares purchased at listing for INR 8,883 is now worth over INR 608,050, reflecting a 6,745% increase, excluding dividends.
"This is a landmark year for ABB India," said Sanjeev Sharma, Country Head and Managing Director, ABB India. "Following 75 years of manufacturing and innovation in the country, we are now proud to celebrate three decades as a listed entity on the NSE. Over the years, we have successfully navigated market cycles, embraced digital transformation, and remained committed to delivering high-performance, sustainable solutions, all while staying true to our core belief of being 'Engineered to Outrun'. We have not only empowered industries to outrun leaner and cleaner but have also walked the talk in making our own operations resource-efficient and sustainable. As India enters a new era of modern infrastructure, digitalization, and energy transition, ABB is proud to play a role that shapes the future of the country."
Ashishkumar Chauhan, MD & CEO of NSE, said, "ABB India's 30-year journey on the NSE is a testament to its resilience, innovation, and governance. Its growth story mirrors the rise of India's capital markets with NSE becoming the fifth largest exchange in the world by total market capitalization. NSE has also championed and pioneered the concept of digital trading in the country, bringing in unprecedented transparency and accountability. We congratulate ABB India on this milestone and look forward to its continued leadership in powering India's progress."
ABB India has expanded its operations from manufacturing to include R&D, engineering operations, and business services. Today, it serves 23 industry segments, up from just six in the early years. Over 90% of its India-made products are consumed locally under its 'Local for Local' strategy. There are more than 10,000 people working across multiple locations, businesses, functions and entities of ABB, relentlessly serving our customers. The company works with over 750 partners across 150+ cities and 6,000+ suppliers, reinforcing its commitment to local ecosystems.
ABB India continues to be a preferred partner for industries, utilities, and infrastructure projects, supporting the nation's digital and sustainable transformation.
ABB is a global technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. By connecting its engineering and digitalization expertise, ABB helps industries run at high performance, while becoming more efficient, productive and sustainable so they outperform. At ABB, we call this 'Engineered to Outrun'. The company has over 140 years of history and around 110,000 employees worldwide. www.abb.com
Photo: https://mma.prnewswire.com/media/2743399/Sanjeev_Sharma_and_Ashishkumar_Chauhan.jpg
View original content to download multimedia:https://www.prnewswire.com/in/news-releases/abb-india-marks-30-years-of-nse-listing-302520594.html
Se produjo un error al recuperar la información
Inicia sesión para acceder a tu portafolio
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Se produjo un error al recuperar la información
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fast Company
15 minutes ago
- Fast Company
4 strategies for launching a successful global capability center
Global capability centers are expanding the specialized operations and expertise of companies in diverse sectors. Many companies started using GCCs as a way to outsource a specific function, such as medical billing or invoicing, to an overseas facility to improve cost savings and efficiency. But over time, leaders have realized that GCCs can provide greater business value when they are designed as 'centers of excellence' staffed by highly skilled talent. 'A GCC is a recent business concept; it's basically a wholly owned subsidiary of a large corporation,' explains Jay Bhatty, CEO and founder of an automation software company serving the oil and gas industry. 'A decade ago, the main goal was cost arbitrage. Companies in the U.S. would create a GCC like a call center to outsource individual functions. But now they are using them for entire groups of functions. IT services, finance, and HR can all operate in one global capability center. GCCs are becoming more common in oil and gas, but they were already popularized in many other industries; for example, banking and technology.' India is home to the majority of GCCs, and the country's footprint is expected to grow in the coming years. By 2030, the market size of India's GCCs is projected to reach $100 billion by 2030, with 2400 GCCs employing over 4.5 million people, a jump from around 1.9 million in 2023. India is a top source of tech talent worldwide, offering a talent pool with both breadth and depth. Companies are using GCCs to support core business functions, led by finance, HR, data management and analytics, and IT, but they are also starting to expand their reach to include areas such as marketing, legal, customer service, and energy, research, and development. Subscribe to the Daily newsletter. Fast Company's trending stories delivered to you every day Privacy Policy | Fast Company Newsletters Bhatty's company operates a GCC in Delhi dedicated to AI research. Around 75 GCC employees focus on how to incorporate AI into suite of client products. 'The labor costs are low, currency exchange rates are favorable, and technology knowledge and labor availability are high,' says Bhatty. 'All of these factors come together. Some companies have even started creating innovation hubs in their GCCs. As visa restrictions in the U.S. have been growing, there is a shortage of skilled talent. A lot of developers come from countries in South Asia, so it helps to source the labor locally, instead of trying to get a visa and getting them to come to the U.S. Setting up innovation hubs in India is also easier because the environment is very business-friendly with incentives for foreign investments.' 4 EXPERT TIPS FOR ESTABLISHING A GCC 1. Define your operating model. Identify your business needs to determine your GCC's focus area. Get clear on what you want the GCC to do for your business and how you will measure success. 'Have a good idea of what your operating model will be,' says Bhatty. 'Is it focused on innovation or software development or R&D? Or do you want it to do all your back-office processing? You may have your U.S. employees doing administrative tasks when they can be done better, cheaper, faster in a GCC. You can set up a GCC in one country for all your business units, and it can serve all of your offices all over the world in one centralized place.' advertisement 2. Be aware of the challenges. Creating an effective extension of your organization—with a new office in a new country—is no small feat. Research the geographic area and business function area extensively before getting too far into the project. Talk to other leaders who have started GCCs in the same region. Understand the common obstacles you're likely to encounter. 'While the Indian regulatory system is favorable, and there's a lot of labor available, there are still issues to deal with when you're running a business unit outside of your country,' says Bhatty. 'Compliance complexities, language barriers, company registration. All of that is time consuming. Talent retention is also a challenge because, as more GCCs are set up, you are competing with other companies for the same workers.' 3. Enlist local expertise. The DIY approach might seem more cost-effective at first glance, but it's crucial to calculate the total costs—time and money—of setting up a GCC. Consider working with a local service provider that can help your company find an office space, navigate bureaucracy, and recruit talent. 'Setting up our GCC was a bigger challenge than I expected,' says Bhatty. 'A lesson learned is that trying to do it yourself might take longer and be more costly in the long run. Local service companies are very knowledgeable about the area and can advise you on where to site your GCC—location is so important in choosing real estate. They will expedite paperwork, secure furniture and supplies, and get your internet connection set up. Some of the government regulations are cumbersome, and you may not be familiar with them. There may also be cultural and language barriers. These people can help you find English-speaking talent or translators.' 4. Prioritize people management. A GCC is only as effective as the people who operate it. Make people management your top priority. Put the right people in place to recruit, train, develop, and lead your GCC team. Create service-level agreements that formalize expectations for tasks and timelines. For example, you may require your GCC employees in India to send deliverables by 9 a.m. Eastern time for the team working out of your U.S. headquarters. 'Managing a GCC is like managing a separate company,' says Bhatty. 'Hiring, retention, and training can be challenging because many employees aren't initially well-versed on how business is done by American corporations. But after COVID, the workforce really became global. Companies figured out that people can work from other countries with people in different countries, despite the time difference. GCCs are proving that this model works, and that's why it's accelerating.'
Yahoo
44 minutes ago
- Yahoo
Oil prices fall on Trump's India tariff threats, OPEC+ output
Oil prices (CL=F, BZ=F) are under pressure on Monday after US President Trump threatened to raise tariffs on India due to its purchase of Russian oil and OPEC+ lifted production numbers. Yahoo Finance Senior Reporter Ines Ferré outlines what investors need to know. To watch more expert insights and analysis on the latest market action, check out more Market Domination. Oil futures are sliding this coming against the backdrop of OPEC plus hiking oil production and potential supply disruptions linked to Russia. For more, bring in Yahoo Finance senior market reporter, Ines Ferre. Ines. Yeah, Josh, we saw Brent today down more than 1 and a half percent, and WTI also down almost 2%. This is because of that September output hike from OPEC Plus. Now, Goldman Sachs says that they do not expect any more hikes from OPEC Plus. This pretty much now unwinds the 2.2 million barrels per day, those voluntary cuts that they had installed over the last couple of years. So, for now, this should be the last output hike. As far as Brent futures are concerned and where they're going for the rest of the year, well, Goldman Sachs is saying that they're going to go lower. They're predicting $64 per barrel for Brent by the fourth quarter of this year. So we're about $4 away from that. And also, as far as 2026 is concerned, they're predicting that Brent is going to go down to $56 per barrel. They're talking about more supply coming into the market with non-OPEC members that have new production coming on, like US shale, like Brazil, also Norway, as well. So that really limits the amount of more output hikes that OPEC Plus could do without creating a surplus, Josh. And Ines, we also saw some headlines about India's oil purchases from Russia. What can you tell us about that? Yeah. So, well, President Trump has really been pressuring India to stop purchasing oil from Russia. Essentially, basically saying that they are funding Russia, Russia's initiatives in Ukraine, in the war in Ukraine. So, Trump saying that he will substantially increase tariffs on India. But Indian Prime Minister Modi has said they're going to continue buying Russian oil. He also said that Indians should purchase domestic products. I will say that what Wall Street is looking at is if Russian production were to somehow be compromised, or if that would be decreased, then you would see an upside risk to oil prices. In this case, India is kind of stuck in this sort of push that Trump has been doing in order to end the war in Ukraine, and him using tariffs and pointing to oil purchases because India has been a big buyer of Russian oil since the war in Ukraine started. All right. Thank you, Ines. Appreciate it.
Bloomberg
an hour ago
- Bloomberg
India Slams Trump's Threat of Higher Tariffs Over Russian Oil
Good morning. Trump threatens even higher tariffs on India over Russian oil. Hong Kong's listing market is set to stay hot for longer. And American Eagle gains meme stock status with its biggest jump since 2000. Listen to the day's top stories. Donald Trump warned India that he would 'substantially' raise tariffs on the country due to its purchases of Russian oil, a move New Delhi slammed as 'unjustified and unreasonable' in an escalating fight between the two major economies. The president's warning comes ahead of an Aug. 8 deadline for Moscow to reach a truce with Kyiv, with the administration threatening so-called secondary sanctions on countries that purchase Russian energy.
