Sterlite enhances optical fiber capacity

Most Commented

Unified Communication for your Biz

Improve your contact center performance. See how you can make a difference.

Watch Now

Reach the ICT Community

Engage and build your ICT audience with CIOL online advertising.

Know more

Sterlite enhances optical fiber capacity

Charts out Rs. 250 Crores Capex to scale its optical fiber capacity from 12 Million- Km to 20 Million-Km

Monday, June 29, 2009

Email This

Print This

Comments

RSS

PUNE, INDIA: Sterlite Technologies Limited, a provider of transmission solutions for the telecom and power industries, recently announced that its Board of Directors has approved the enhancement of the company's optical fiber annual manufacturing capacity to 20 Million-km, which would position Sterlite amongst the Top 3 manufacturers globally.

Sterlite's current facility of 6 Million-Km is already under expansion to 12 Million-Km, which would get established in the current fiscal. The enhanced capacity of 20 Million-Km that would be functional by 2011, would require a Capex outlay of Rs. 250 Crores (US$ 52 Million), said a press release.

The expanded facility would be capable of manufacturing the company's existing range of optical fiber products, as well as have the intrinsic capability to manufacture new products that would cater to high bandwidth applications required by global markets, it added.

The expansion would be done by through a combination of brown-field expansion at its existing facility in Aurangabad, and a green-field setup at a location that would soon be finalized.

Dr Anand Agarwal, CEO and director, Sterlite Technologies said, "Sterlite continues to be bullish on the optical fiber industry in Asia and globally. We would continue to leverage our global customer relationships and global presence, as well as the unique knowledge, expertise and infrastructural base created over the last 15 years in this business, to enhance our global market share in the growing optical fiber market."

Would you like to on this article?

Be first to comment on this article

Name
Email
Your reply

Polaris eyes emerging mkt post LaserSoft takeover

Windows 7: Should CIOs migrate?

Arrested NASA scientist worked on Chandrayaan-1

Yahoo triples profit, beats expectations

China wooing Indian IT companies

NComputing to expand business in India

Infosys, Oracle to launch business platform for HR

Accentia eyes more activity in HRCM space

BSNL to go direct to Zain if consortium talks fail

BSNL not to call new bids for GSM order

	Simplify Business Management. ERP solutions by IBM
	Carry your Dream, Convey your Value with ZTE
	Get EMC Efficient.Learn more

	Get expert views on Mobilin V2
	How to make your enterprise productive
	Unified Communication can impact business. Know how

	Making Web3.0 a Reality!
	CIOL Enterprise Next :What's NEXT in IT? :
	Decrease Total System Costs With Cyclone IV FPGAs

	Reach your desired Target Audience and realize high ROI
	Effective ways of Customer Acquisition through Demand Generation
	Reach 2,500 potential Enterprise Customers!