CII certifies ABB India as 'Responsible Export Organization'; Stock climbs 1.6%

8 Jul 2022 , 11:00 AM

Confederation of Indian Industry – Institute of Quality (CII-IQ) awarded the ‘Responsible Export Organization’ compliance certificate to ABB India’s Electrification Distribution Solutions (ELDS) business in April 2022.

The certification encompasses all business operations related with design, manufacture, marketing, retrofit and services of switchgear products and solutions of medium voltage and low voltage switchgear, relays and other automation solutions. This certification applies to ABB India’s ELDS plants in Nasik and Vadodara.

ABB India’s Distribution Solutions division successfully qualified CII – IQ’s screening and assessment processes through scientific checks across levels and parameter aspects including leadership and governance, supply chain development and alignment, asset/ resource management and other performance metrices. ABB has been recognized for its effective operations and management systems.

ABB’s Distribution Solutions business exports safe, smart, and sustainable electrification products and services to more than 120 countries across the globe including countries in North America, Asia Pacific, Middle Eastern and European regions. The export portfolio includes electrification solutions and other products comprising of air insulated, gas insulated and low voltage switchgear, distribution automation solutions, vacuum interrupters, and protection and control relays.

The key factors contributing to the increase in exports across electrification products are ABB’s innovative technological solutions that include: utility-based customization of products, more than 50 prequalification and approvals across the globe, digital solution for primary and secondary distribution networks, and non-segment product packaging (NSPP).

“CII’s certification lays further impetus on our commitment and capability to consistently manufacture and supply high quality products and solutions in compliance with regulatory requirements across the globe. This achievement will help us strengthen and expand our presence to newer markets by making in India for the world,” said Ganesh Kothawade, Senior Vice President, ABB India.

At around 11:04 AM, ABB India was trading at Rs2,604.30 per share up by Rs41 or 1.6% from its previous closing of Rs2,563.30 per share on the BSE.