Carl Orstadius, Managing Director and Country Head, SKF India said, ''The Company continued with its momentum of strong financial performance in a year when the effects of demonetization and introduction of GST led to short term disruptions in the economy. As the economy adjusted to the new GST regime, we see positive indicators of growth returning to several sectors of economy.We are committed to helping our customers reduce their total cost of ownership through product rationalization, value engineering and technologically superior solutions.''