It has been awarded the “Responsible Export Organization” Certificate of Conformity for its Electrification Distribution Solutions (ELDS) business by the Confederation of Indian Industry – Institute of Quality.
ABB is a leading global technology company driving the transformation of society and industry to achieve a more productive and sustainable future. By connecting software to its electrification, robotics, automation and motion portfolio.
The Confederation of Indian Industry (CII) strives to create and sustain an enabling environment for India’s development, in partnership with industry, government and civil society by working closely with the government on policy issues, interacting with opinion leaders and improving efficiency, competitiveness and business opportunities for the industry.
Certification incorporates all business operations related to the design, manufacture, marketing, retrofit and service of products and solutions for medium and low voltage switchgear, relays and other automation solutions. . This certification applies to ABB India’s ELDS factories in Nasik and Vadodara.
ABB India’s Distribution Solutions Division has successfully qualified the CII – IQ selection and evaluation processes through scientific checks across the levels and aspects of the parameters, including leadership and governance, development and supply chain alignment, asset/resource management and other performance metrics.
This news caused the company’s share price to hit a new 52-week high at Rs 2611.20 and it has a 52-week low at Rs 1619.30. Currently, at 12:40 p.m., the certificate is trading at Rs 2,579.95, a gain of 0.65%.