ABB Ltd, a unit of Swiss engineering group ABB, sees continued growth in order inflows despite early stage projects getting a little delayed.

Mr Bazmi Husain MD of ABB India told the Reuters India Investment Summit in Bangalore that "In the long cycle business, typically the decision making takes a long time and we are at the end of the chain. Even though there might be a general slowdown, we still see a fairly robust need for our portion of infrastructure projects.”

ABB's Indian unit, currently valued by the market at USD 2.58 billion, makes power equipment and provides automation.

Mr Husian said that the company has no plans to delist in India.

(Sourced from Reuters)