Looking back, I am immensely amazed to witness the exceptional evolution that TTL has been through. We started with manufacturing industrial steam turbines under 6 MW capacity. Today, we are amongst the largest in the world, offering a wide range of products up to 100 MW for diverse end-user industries along with an impressive aftermarket proposition.
Our progress has been extraordinary, a testament to the untiring efforts of our passionate team in pursuing strategic priorities. But this is just the beginning. With all the right building blocks in place, we are at an inflection point, positioned to grow sustainably.
Our extensive product and service offering position us to serve multiple end-user industries, ensuring a broader addressable market. The expansion into newer geographies, most recently a foray into the US market, provides proximity to customers and thus the ability to better serve them. This exceptional service philosophy, dedicated to building long-term relationships rather than transactional ones, is garnering positive feedback and reinforcing our reputation globally.
Talented and skilled manpower are our most valuable asset and a long-time focus area. The focus on building a culture of learning and development ensures a future-ready workforce for continued success. We have also secured our long-term with robust succession planning for key positions.
I am pleased to announce a significant transition in our leadership in alignment with our long-term strategic goals. We have appointed Mr. S. N. Prasad as the CEO and Mr. Sachin Parab as the COO from their erstwhile role as Global Heads of Products and Aftermarket respectively. Both of them have been an integral part of our leadership team over the years, demonstrating exceptional leadership qualities, strong customer focus and integrity. I am confident that their extensive experience will be instrumental in ensuring strong profitable growth.
The future is bright, and we see tremendous opportunities ahead. With our competencies and capabilities, we are confident of a better tomorrow. We maintain a sharp focus on execution to take TTL to greater heights.
I would like to express my deepest gratitude to the entire team and all stakeholders for the trust you reposed and the overwhelming support during my tenure.
Regards,
