Valiant enters into distribution agreement with Swiss major AXPO Power AG for its power utility products and solutions.

Commenting on the above development, Mr Inder Mohan Sood, CEO said, "Valiant is proud of being one of the few companies, which have developed such niche products and technologies with a proven track record and now also being validated by the large corporations like AXPO. The alliance with AXPO is prestigious for Valiant especially in the light of the fact that Europe is known as the home of some of large foreign MNCs of this business domain.

It is a significant development as the same reflects not only the potential of the products and technologies that Valiant owns but shall also significantly improve its performance in the untapped European market in view of the vast reach and infrastructure of AXPO Group. Currently, the revenue contribution of the European market is less than 5% only.

Valiant's power utility products and solutions have also been approved by Eastern European power utilities namely, Transelectrica and Electrica Transilvania, Romania and TEIAS, Turkey.

Valiant is now focusing on the development of business partners in different regions as its long-term business development strategy."