QCO certification delays
Mandatory BIS certification for locally manufactured products is causing supply disruptions and forcing imports, increasing costs and forex exposure.
ABB / Q3-FY25 / risks
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ABB India · Material risks, their source context, and severity in the latest available quarter.
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Material risks this quarter
high
Margin compression from competition and mix
Intensified competition and unfavorable revenue mix have reduced pricing power, with electrification margins down ~3% vs. prior levels.
Chinese import competition
Potential thaw in India-China relations could lead to increased Chinese imports, impacting pricing and demand for domestic manufacturers.
Delayed large order finalizations
Large project decisions are being deferred due to geopolitical uncertainty and cautious CapEx, slowing order book growth.