Sterlite Technologies expects to double its order book in 2017: Report

30 Dec 2016 Evaluate

Sterlite Technologies is reportedly expecting to more than double its order book in a year on the back of growing broadband infrastructure in the country as well as growth in overseas markets. The company is sitting with a strong order book of Rs 2,500 to Rs 2,700 crore, and has a very strong visibility of pipeline of Rs 6,000 to Rs 7,000 crore.

The Pune-based company is also investing Rs 300 crore to increase the annual fibre production capacity from nearly 22 million to 30 million km, and the planned expansion, according to it, would be completed by June 2017.

Sterlite Technologies has strong expertise in managing very large-scale broadband network deployments in urban and rural areas through projects such as BharatNet, Network for Spectrum, Smart Cities, FTTH, 4G, among others. All the learning and global standards have been leveraged while structuring the curriculum.


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