Hitachi ABB Power Grids in India (listed on the Indian stock exchanges as "ABB Power Products and Systems India Limited") has recently announced its third quarter results for the July - September period. "Our performance in the third quarter shows our steady progress towards normality and demonstrates that the fundamentals remain intact," said N Venu, Managing Director, Hitachi ABB Power Grids in India. He continued, "Rigorous business continuity and liquidity improvement measures are paying off. Our resilience in this unusal period has helped us to achieve higher revenue and order growth."
N Venu added, "As the market regains its footing, our solid order backlog will ensure continuity in the new norm. We are progressing many exciting opportunities spanning the power transmission, rail, metro, e-mobility and renewable integration sectors. This is spurred on by the country's focus on building local manufacturing capability. Through our pioneering solutions, we are proud to be contributing towards sustainable society."
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