QCO-driven cost inflation
Mandatory BIS certification for locally manufactured products forces imports, increasing material costs and forex exposure.
ABB / Q2-FY26 / risks
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ABB India · Material risks, their source context, and severity in the latest available quarter.
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Risk intelligence
Material risks this quarter
high
Chinese import competition
Easing India-China trade relations may lead to influx of cheaper Chinese goods, pressuring pricing and order conversion.
Delayed large order finalization
Customers are deferring capex decisions, leading to sluggish large order inflows and potential revenue growth moderation.
Margin pressure from mix and competition
Shift toward lower-margin segments and intensified competition have compressed profitability, with no near-term recovery visibility.