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ABB India reports 24 pc sequential growth in order inflow

ABB Wind Generator | T&D India

 

ABB India has reported a 24 per cent growth in order inflow during the first quarter (January to March) of 2021, as against that in the last quarter (October to December) of 2020.

ABB India received total orders of Rs.1,825 crore in Q1 of 2021 as against Rs.1,470 crore in the immediately preceding quarter (Q4 of 2020). However, when compared with the order inflow of Rs.1,955 crore in Q1 of 2020, there was a decline of 7 per cent.

A release from ABB India noted that the company’s deep customer relations, ‘Made in India’, end-to-end solutions, combined with its global portfolio and experience resulted in a spectrum of orders across targeted market segments.

During the quarter, Robotics and Discrete Automation, and Process Automation business areas both posted solid growth by converting the available opportunities. Robotics secured significant wins during the quarter, which will strengthen the installed base and leverage our expanded operational capacity. Investment decisions by the customers belonging to core sectors, i.e., metals & mining, which were earlier held back as a result of the market uncertainty and enhancement of channel business in process industries, led to order growth in Process Automation.

 

Key orders in Q1 of 2021 include:

Also read: ABB India Launches New Range Of Circuit Breakers For Retail Market

Resilient operations

ABB India’s resilient operational models and technology prowess ensured business continuity. During the quarter the company provided electrification and flow meter solutions for clean drinking water for Surat Smart City in Gujarat, commissioned low voltage switchgear systems for private utilities, and installed smart sensors and soft starters to reduce water usage in Shimla, Himachal Pradesh. ABB motors were commissioned for one of the country’s earliest dam projects and energy-efficient drives commissioned for a biopharmaceutical major in south India for vaccine production. In Mobility, there were multiple installations for EV chargers with commissioning of HVAC systems for tunnel ventilation for Chennai Metro.

 

(Featured photograph shows an ABB doubly-fed induction generator for wind turbines, undergoing a slip-ring test.)

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