Creating sustainable growth

2017-11-02 - With a strong local manufacturing capability of over 60 years and ten state-of-the-art global feeder factories, ABB India has emerged as a global manufacturing hub

Exports have emerged as a key growth driver for the Indian economy. According to official data, there has been a year-on-year increase of 10.29 percent in exports, standing at USD 23.82 billion in August 2017. Among the major contributors to this steady rise is engineering goods, posting growth of 19.53 percent over a 12-month period. The Indian government has been keen on expanding exports to provide thrust to creation of job opportunities. To address unemployment and under-employment in the country, sustained expansion of the organized sector offering high-wage jobs and a shift towards more labor-intensive goods and services to be exported, have emerged as key strategies.

To create an environment that will enable globally competitive exporters to emerge and flourish, an Expert Task Force was established early September this year. This was also a key topic at the World Economic Forum’s India Economic Summit held in New Delhi last week. During the panel discussion on ‘Manufacturing: Making progress in India’, Amitabh Kant, CEO of Niti Aayog, summarized the relationship between exports and India’s growth story. He observed that, “Indian companies cannot grow based on domestic demand alone and need to explore ways to tap into global supply chains. Indian companies should focus on developing quality and excellence, and grow MSMEs into larger entities to compete in the overseas market.”

Sanjeev Sharma, Managing Director of ABB in India and part of the panel, stressed the need for a greater push for the National Capital Goods Policy which, among others, aims to promote exports. “The focus must be on targeting developing markets and trade agreements, addressing non-tariff barriers, innovation in market approach along with a focus on SMEs,” he stated.

When it comes to exports and making in India, ABB has been at the forefront, manufacturing in India for six decades. ABB’s ten state-of-the-art global feeder factories have been making in India not only to fulfill requirements in India, but also ABB’s global requirements for these components.

Among ABB India’s global feeder factories is the Distribution Automation (DA) factory at Vadodara, which manufactures the Relion® 605 series of basic protection relays for medium-voltage power distribution in utility substations and industrial power systems, in both primary and secondary distribution networks. Rapid urbanization has resulted in sustained growth in the demand for power. Moreover, industry-led demand for power is rising owing to more companies manufacturing in India. But, there continue to be challenges in power distribution as a result of intermittencies due to renewables integration to meet this demand. ABB’s comprehensive range of solutions in the medium-voltage range provides utility, industrial and commercial customers with safe, reliable and smart technologies for the distribution of electricity.

Relion 605 series
The Relion® 605 series ensures high reliability, availability and security of protection and control systems, supporting the global energy transition to renewables. These numerical relays are installed at the state-of-the-art Terminal 3 of the Indira Gandhi International Airport in Delhi. With a capacity to handle 34 million passengers annually, the airport’s operations utilize solar power, which rely on ABB’s relays.

ABB’s Distribution Automation factory at Vadodara started manufacturing the Relion® 605 series in its world-class facility around ten years ago. The factory in India is the sole manufacturer for requirements of these relays in over 60 countries where ABB is operating worldwide, the factory has achieved a milestone of delivering over 100 thousand 605 series relays for applications across the value chain.

The Relion® product family offers the widest range of products for the protection, control, measurement and supervision of power systems for IEC and ANSI applications. This makes it a truly global solution for the requirement of future-proof protection and control worldwide.

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