The microgrid, with a rooftop photo voltaic field at the company's biggest manufacturing location in India with around 3,000 employees, will help ensure uninterrupted power supply.
ABB has three manufacturing locations in Gujarat, the biggest of which is in Vadodara, followed by Savli and Halol. At its Vadodara facility, ABB manufactures products ranging across its four divisions of power grids, discrete automation and motion, process automation, electrification products, transformers, high voltage products, distribution relays, medium voltage gas-insulated switchgear, motors, generators and turbochargers along with power consulting services .
In recent times, ABB India has also seen a rise in contribution from small and medium suppliers. Out of more than 7,000 suppliers, 15 per cent are from SME "About 15 per cent of them contribute to approximately 30 per cent of our external spend," said Sharma.
On the export front, ABB India caters to around 100 countries. "ABB has multiple global feeder factories based in India, which manufacture these products only from India for across the world. Despite the slowdown, there is a need for products and solutions pertaining to grid development, power infrastructure, clean energy in markets in the sub-continent and the AMEA region. ABB has been enhancing business-led collaboration across countries and businesses to offer best value to customers across geographies," Sharma added.
Exports have witnessed 21 per cent compounded annual growth rate (CAGR) over the last 4 years, contributing to 14-15 of ABB's orders and 16-17 per cent in revenue in the second quarter of this year.
Meanwhile, ABB's revenue in 2015 stood at $1.3 billion (roughly Rs 8,800 crore). ABB has 40 factories across 12 manufacturing locations across the country.