ABB CEO Ulrich Spiesshofer has held talks with India’s Prime Minister, Narendra Modi, in New Delhi during a three-day visit to the country.
Zurich, Switzerland, and New Delhi, India, April 6, 2016 - Spiesshofer's meeting with Prime Minister Modi on April 5 comes as India embarks on ambitious programs to electrify every household in the country, expand the manufacturing sector and upgrade its urban infrastructure. Their talks focused on how ABB can support the government's renewable energy initiatives and help to encourage public acceptance of renewables.
"The discussion with Prime Minister Modi was very fruitful," Spiesshofer said. "We see particular potential for ABB's technologies in renewables penetration and microgrids, as well as for energy efficient motors and drives for industry since India still uses 30 percent more energy per unit of output than industrialized countries.
"Prime Minister Modi is especially interested in electric mobility for India's millions of auto-rickshaws and on the day of our meeting inaugurated a new service for e-rickshaws, as part of the 'Stand-up India' initiative to encourage entrepreneurship," Spiesshofer said. "Given the government's ambitious plans to have all auto-rickshaws running on electricity in the future, we will look closely at charging solutions for e-rickshaws."
ABB (www.abb.com) is a leading global technology company in power and automation that enables utility, industry, and transport & infrastructure customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in roughly 100 countries and employs about 135,000 people. ABB has been active in India for more than a century and employs more than 9,000 people at 12 manufacturing locations and 22 sales and branch offices across the country.