it is true that they have been cases before, that is tragic and i think if you look at abb, it was running large projects in difficult countries, today abb looks different, we have sold off our power grid business and we don t do projects in the same way and we are more a product and service supply company then we are these large projects. i think that the change in structure, in line with implementing a strong culture and a code of conduct is important for the future. you know, there can always be people in the organisation that are breaking rules. we need to make sure that we have zero tolerance for this and make sure this will not happen again. on that point, thank you very much.
of conduct and conducting fair business globally. you of conduct and conducting fair business globally. business globally. you say devastating, business globally. you say devastating, i business globally. you say devastating, i am - business globally. you say l devastating, i am wondering business globally. you say - devastating, i am wondering if you are concerned that this tarnishes abb s reputation. this is not the first time that this has happened. the us department ofjustice described a decade old criminal history. it described a decade old criminal histo . , ., , ., history. it is true that they have been cases history. it is true that they have been cases before, history. it is true that they have been cases before, that - history. it is true that they have been cases before, that is - history. it is true that they have | been cases before, that is tragic and i think if you look at abb, it was running large projects in difficult countries, today abb looks different, we h
ABB bullish on industry recovery; special focus on robotics, automation
Sanjeev Sharma, Managing Director and CEO, ABB India and South Asia, says nearly 70 percent of ABB s solutions are product-centric , and only 10 percent are project-centric , which until recently was inverse
Rukmini Rao | February 26, 2021 | Updated 16:24 IST
ABB caters to almost 15 market segments by 18 divisions
After divesting its power grid business to Hitachi globally in 2018, ABB group has gone through a reorganisation. The company s portfolio is now more industry-centric, especially in robotics and automation, where it s seeing an uptick in demand, both in greenfield and brownfield projects.
In process automation, where the demand was muted from the large industries in the last couple of years, it hopes as the government s initiatives take shape, more capacity and augmentation of the existing capacity by the market players will create demand for its process automation, motion and electrification p