ABB CEO: Electrification, Automation Drive Growth Beyond 2050; India Key Market

• ABB CEO Morten Wierod states electrification and automation are long-term growth drivers, not short-term cycles, extending beyond 2050.
• The company enters 2026 with its largest-ever order book, fueled by sustained demand for sustainable and productive solutions.
• Wierod highlights India's steel industry as an example, where companies adopt electric arc furnaces for cost efficiency, competitiveness, and emission reduction.
• ABB focuses on what it can control amidst global uncertainties, emphasizing that 'new normal' requires continuous action rather than waiting for calm.
• The CEO confirms ABB's strong confidence in 2026, with India expected to play a significant role in global revenue growth before 2030.

Why It Matters: ABB sees electrification and automation as multi-decade growth drivers, with India's industrial shift as a prime example.