They have 4 main business segments which are electrification, Motion, Process automation and Robotics and discrete automation. In electrification they have a lot of other products also which then allows them to electrify the companies they work with in a safe way. Their portfolio includes digital and connected innovations for low and medium voltage. This includes stuff like EV infrastructure, distribution automation, switchers, cabling and stuff like that. For electrification their divisions are Distribution Solutions, Smart Power, Smart Buildings, Installation Products and Services. They are the largest providers in the motion sector for drives and motors globally. They provide their customers with electrical motors, generators, drives and services and digital powertrain solutions which helps customer save energy. With this they serve a lot of automations applications in transportation, infrastructure and help them achieve better profitability. For their divisions they have 3 main products of drives, motors, generators and services. For their process automation business area they help customers to make complex business stuff easier with automation. They mainly serve process and hybrid industries. They also have industry-specific integrated control and software as well as measurement and analytics solutions and services. The divisions they serve are energy industry, process industry, marine&ports and Measurement & Analytics. For their robotics and discrete automation sector they enable companies to be more flexible. Their focus on innovation includes extensive work on AI. They serve 2 industries on this sector which are robotics and machine automation. In the last 3 years ABB grew strongly in double digit and their market cap went up by 4 fold. Because they have such a global tech portfolio with a very high local presence. They have a robust order pipeline in place from a lot of sectors such as data centers, electronics, metros and railways, renewables, automotive, water and wastewater and power distribution. With this they have also deepened their strength in the sectors of metals, mining, cement, pulp, and paper. The had record high orders this year with a backlog of 30 percent. Their ROIC has doubled since 2019 and now has reach 21 percent. After their portfolio realignment the returns have became much greater and stye have also expanding into 23 segments compared to 7 segments pre covid. They continue to deepen their interest in tier 2 and 3 cities and because of their experience they have became one of the go to companies for their line of business. Their energy efficient drives and switchgear and stuff like that are catalysing Indias movement into a clean energy future. Most of their revenue comes from electrification and motors with robotics and automation barely providing much and their process automation also doing its job. 90 percent of their revenue was domestic. Some key mega trend for India are the changing in demographic which is basically how younger people are tending to be working more while in the rest of the world the young population which is working is slipping. Technological advancements which is when all the industries are basically incorporating tech in their day to day business models. Economic shifts which mainly focus on the localisation of the supply chain which is going to create a lot of opportunities for Indians to work. Climate change which is going to push people towards using more sustainable energy. Lastly rapid urbanisation which is basically more Indian people coming to live in urban cities. The global market was still a bit iffy as in it was not so fast growing but the Indian market emerged as the 5th largest economy and continued other grow. This was largely helped by government capital expenditure which boosted the growth by a lot. This led to a lot of private investments also. The manufacturing sector currently amounts to 17 percent of Indias GDP but they think it is going to reach 21 percent in the next 6 to 7 years. Their portfolio of sustainable tech solutions was used for a variety of sectors. Overall they got a lot of large orders for a lot of their tech products. Their solutions have reached almost al the big industries with transportation being one of rhetorical best this year with them helping to electrify that rail bridge. During the year their business areas also deepened their presence in the chemicals, metals, paint, mining and energy sectors because of their variety in solutions. During fy 23 they also launched a lot of new products one worth mentioning is their UPS solution which is one of a kind. This product is made for those in the energy intensive business. For their segments electrification witnessed a lot of growth and also an increase in market share. For this segment they mainly focus on renewables, data centers, buildings, chemicals, oil & gas, metals, railways and food & beverages. Because of the focus on energy transition and how the tier 2 and 3 cities are also looking to digitise growth in this area should be strong. Another catalyst is the push for better infrastructure on roads and stuff like that. Last year there motion business show significant growth due to rapid urbanisation and industrialisation which led to an increase in the amount of energy consumed. They also expanding the amount of channel partners they have by hiring more in tier 2, 3 and 4 cities. They launched a lot of new products to help booster the growth. Because of all the concerns for teh climate energy transition is supposed to continue growing with transportation also going to became a big area of growth because of the transition to EV’S. There is a high demand for intelligent motion solutions. They are also diversifying their portfolio business into sectors such as cement, oil & gas, water & wastewater. The performance of their process automation was mainly driven by city gas distribution, terminal automation, life sciences, metals & mining, and cement industries. Because of the high demand in digital asset management solutions they created a new solution. Because of the governments focus on energy and infrastructure this segment is supposed to continue to grow. For their robotics and discrete automation segment their main drivers are the automobile sector but significant interest has been shown by electronics, food & beverages, and service industries. In summary they automotive segment is going to remain a strong growth driver and significant interest by other segments will continue to fuel the growth. Summary. ABB has 4 main business area which are electrification, motion, process automation and robotics and discrete automation. Their robotics and discrete automation  sector is there slowest growing sector. All of the sectors have a lot of business potential because of the focus on energy and infrastructure. Personal thoughts. I think ABB is a very attractive stock because of their business areas and how they have a lot of potential because of all the focus on energy and infrastructure. Their business areas are also some of the biggest catalysts in the new age because of the focus on energy and tech. They also cater to diverse business segments which is going to help them a lot. Overall I think I am going to buy one percent.