Strong order backlog a relief: ABB starts the next calendar year 2017 with Rs118 bn (+49% YoY). There are many aspects that worked well in favour of ABB. The $132 bn railway capex plans has translated into orders. And many in future as well. Railway orders are a strong suit. For instance, 52% of domestic locomotives run on ABB turbochargers. And ABB is confident of retaining the top spot. Furthers, SEB's continued preference for products like Gas Insulated Switchgears (GIS) aid further inflow. In Q4CY16, ABB has won Power Grid's big ticket project worth Rs43 bn. The Raigarh-Pugalur 800 kilovolt (kV) ultrahigh-voltage direct current (UHVDC) system will connect Raigarh in Central India to Pugalur in the southern state of Tamil Nadu....