Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

ABB India opens a new robotics facility to support the digital transformation of manufacturing in India

Posted On: 2020-07-31 01:04:27


The new ABB Robotics solutions delivery facility will enable Indian customers to reap the benefits of Industry 4.0 including cutting-edge robotics and digitalization technologies, going at the heart of helping India become a resilient high-tech manufacturing economy in the world.

Spread over 3,600 sq.m at the ABB Nelamangala factory premises in Bengaluru, the new facility will enable ABB India to deliver robotic applications and digital solutions for a variety of Indian industries, including automotive, food & beverage, electronics and other upcoming sectors. The facility houses a state-of-the-art shop floor that can run proof of concepts and factory acceptance tests for 1000 ABB robots every year, which doubles the company's capacity. This enables rapid innovation, adaption, optimisation and agile delivery of made-to-order robotics applications for Indian customers.

"The new facility harnesses the powers of ABB's deep global expertise and knowledge of the Indian industrial landscape to support our customer base," said Sanjeev Sharma, Managing Director of ABB India. "Even with increased demand for automation, the penetration of robotics, especially in small and medium enterprises is still low in India compared to the global average. With the help of the new and improved robotics facility, we will be able to share our knowledge and encourage Indian manufacturers to embrace our game changing technologies and become best-in-class manufacturers for local and global markets."

The facility includes a demonstration center where the latest technologies in robotic welding, gluing and material handling will be showcased and can be used to carry out joint prove-out sessions with customers. ABB will also integrate an ABB AbilityTM Connected Services team that can remotely monitor an installed base of ABB robots to conduct predictive maintenance and high uptime.

A new Customer Experience Center is being set up for customers to learn about the latest in robotics technology and applications, including ABB's dedicated robot simulation and programming software, RobotStudio. Additionally, the facility will host a paint lab where customers can run simulations of a broad range of industrial painting applications.

ABB is one the leading suppliers of robot, robot systems and machine & factory automation solutions, having shipped over 400,000 robot solutions across the globe. Designed as a complete digital ecosystem, ABB's factory of the future concept will cater to the growing demand of collaborative automation solutions, by enabling innovation of new robot applications tailormade to the Indian market.

Shares of ABB India Limited was last trading in BSE at Rs.867.1 as compared to the previous close of Rs. 881.45. The total number of shares traded during the day was 8005 in over 1096 trades.

The stock hit an intraday high of Rs. 890.75 and intraday low of 863. The net turnover during the day was Rs. 6993485.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Wonderla Holidays Ltd announces financial results for Q1FY21

Affle reports strong performance for Q1 FY2021

Magma Fincorp Q1FY21 AUM at Rs 15,922 Cr, PAT at Rs 38 Cr vs Rs 11 Cr YoY

Amber Enterprises India Ltd Q1FY21 loss at Rs. 22.44 crore

Neogen Chemicals Ltd Q1 net profit at Rs. 6.11 crore

Majesco shareholders to receive $16.00 in cash per share, agreement with Thoma Bravo amended

Shilpa Medicare Ltd Q1FY21 consolidated PAT zooms to Rs. 86.31 crore

Magma Fincorp Ltd reports Rs. 37.71 crore consolidated PAT in Q1

VBC Ferro Alloys Ltd posts Q1 loss of Rs. 0.78 crore

Wonderla Holidays Ltd Q1 loss at Rs. 14.51 crore

Rama Phosphates Ltd Q1 PAT up at Rs. 6.56 crore

Shaily Engineering Plastics Ltd posts Rs. 3.02 crore loss in Q1

Shilp Gravures Ltd Q1 net profit at Rs. 0.73 crore

Affle India Ltd posts consolidated net profit of Rs. 18.77 crore in Q1

SPL Industries Ltd Q1 net profit at Rs. 2.64 crore

Fire at Nandan Denim's factory

Avanti Feeds Ltd board to consider Q1 results on Aug 27, 2020

Minda Industries Ltd issues commercial paper of Rs. 25 crore

Info Edge India Ltd closes QIP, fixes issue price as Rs. 3090

Kriti Nutrients Ltd Q1FY21 net profit rises to Rs. 8.16 crore

TVS Electronics Ltd Q1 loss at Rs. 9.75 crore

ZEN Technologies Ltd Q1 loss at Rs. 1.33 crore

DCB Bank Ltd reports Rs. 79.38 crore PAT in Q1FY21

Arihant Capital Markets Ltd Q1FY21 consolidated PAT at Rs. 4.88 crore

RAMCO Systems Ltd posts consolidated PAT of Rs. 13.81 crore in Q1FY21

Bajaj Hindusthan Sugar Ltd Q1 consolidated loss at Rs. 52.89 crore

ARO Granite Industries Ltd Q1 net profit at Rs. 0.34 crore

Nitin Spinners Ltd Q1 loss at Rs. 9.15 crore

Sarda Energy & Minerals Ltd Q1 FY21 consolidated PAT jumps QoQ to Rs. 35.47 crore

Kriti Industries India Ltd Q1 consolidated net profit at Rs. 6.84 crore

Ambika Cotton Mills Ltd posts drop in Q1 PAT to Rs. 5.01 crore

Divi's Laboratories Ltd Q1FY21 consolidated net profit climbs to Rs. 492.06 crore

Geojit Financial Services - Company Update - August 2020 - ICICI Securities

ELGi's AB 'Always Better' Series powers the Indian pharmaceutical industry

Dish TV India to telecast live 'With Sadhguru in Challenging Times' on DishTV and D2H platforms

Newgen's Virtual Meet on Preparing for a Digital-Only World Receives Overwhelming Response

PNB Housing Finance Limited Announces MD & CEO Transition

Canara Bank slashes Interest rates on loans/advances with effect from 07.08.2020

Abbott India Ltd posts Rs. 180.35 crore PAT in Q1FY21

FDC Limited to acquire further stake in South Africa firm

Energy Development Company Ltd board recommends dividend of Rs. 0.50

Hero MotoCorp donates unique first responder vehicles to Civil Hospital, Gurugram

Mirchi revenues fall 72%, but market share rises to 33%

FDC Ltd board approves buy-back at Rs. 450

Gujarat Themis Biosyn Ltd board to approve quarterly results on Aug 13, 2020

Ravileela Granites Ltd Q1 consolidated net profit up at Rs. 0.74 crore

Indowind Energy Ltd posts consolidated PAT of Rs. 3.40 crore in Q1

FDC Ltd reports consolidated PAT of Rs. 91.72 crore in Q1FY21

Mercury Laboratories Ltd Q1 PAT at Rs. 0.96 crore

BATA India Ltd reports loss of Rs. 100.88 crore in Q1FY21







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019