India, July 6 -- India's power equipment sector has been witnessing strong momentum, supported by rising investments in transmission networks, renewable energy integration and grid modernisation. Companies manufacturing transformers, switchgear and other transmission equipment have benefited from a steady flow of orders as utilities expand capacity to meet growing electricity demand. While recent policy developments led to short-term concerns over competition, the sector continues to be backed by healthy demand, government-led infrastructure spending and a strong long-term outlook for power transmission and distribution.

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