ABB India marked a significant milestone today, celebrating three decades since its listing on the National Stock Exchange (NSE) with a ceremonial bell-ringing at the NSE in Mumbai. The occasion was attended by Ashishkumar Chauhan, MD & CEO of NSE, and Sanjeev Sharma, MD & Country Head of ABB India, along with senior leaders from both organizations.
Since its listing on February 8, 1995, ABB India has transformed from a traditional electrical equipment provider into a pioneering force in electrification and automation technology. Over the years, the company has demonstrated consistent financial growth, with a remarkable 6,745% increase in the value of shares purchased at the time of listing. A lot of 100 shares bought for INR 8,883 is now worth over INR 608,050, not including dividends.
“This is a landmark year for ABB India,” said Sanjeev Sharma, Country Head and Managing Director. “After 75 years of manufacturing and innovation in India, we are proud to celebrate three decades as a listed entity on the NSE. Over the years, we have embraced digital transformation, consistently delivered sustainable solutions, and maintained our commitment to our core values of being ‘Engineered to Outrun’. As India ushers in a new era of infrastructure and energy transition, ABB continues to contribute to the nation’s progress.”
Ashishkumar Chauhan, MD & CEO of NSE, remarked, “ABB India’s 30-year journey on the NSE exemplifies resilience, innovation, and governance. The company’s growth reflects the broader rise of India’s capital markets, with the NSE now ranking as the fifth largest exchange globally by market capitalization. We congratulate ABB India on this remarkable achievement and look forward to its continued leadership in shaping India’s future.”
Since its inception, ABB India has expanded its operations beyond manufacturing to encompass R&D, engineering, and business services. The company now serves 23 industry segments, up from just six at the time of its listing. Its ‘Local for Local’ strategy has made significant strides, with more than 90% of its products manufactured in India consumed locally.
With a workforce of over 10,000 employees across multiple locations, ABB India continues to be a driving force in the country’s infrastructure, digitalization, and sustainability efforts. It collaborates with over 750 partners and 6,000 suppliers across more than 150 cities, reinforcing its commitment to strengthening local ecosystems.
ABB India remains a key partner for industries, utilities, and infrastructure projects, supporting India’s ongoing digital and sustainable transformation. As a global leader in electrification and automation, ABB is dedicated to helping industries perform at their best while becoming more efficient, productive, and sustainable.
With a legacy spanning over 140 years, ABB is a global leader in electrification and automation, employing around 110,000 people worldwide. The company connects engineering and digital expertise to help industries improve performance and efficiency while promoting sustainability. At ABB, we call this approach ‘Engineered to Outrun’, helping businesses stay ahead in an ever-changing world.
