Sterlite Technologies Analyst Report

Sterlite Technologies Ltd. is surely an Indian producer of optical fibers, telecommunication cables and electrical power transmission conductors and exports optical fibers to offshore market segments inside Tiongkok, The european countries and East Asian countries.[4] The organization shows up on the Bombay Stock market and the National Stock market of Indian. The company modified the title in order to 'Sterlite Technologies Limited' through 12.2007. It is India's merely completely included Optical Dietary fiber producer and one of the most important vendors of Optical Fibers for you to international areas throughout China, The european union and Se Asia.

Sterlite Technologies can be partially of Sterlite Sectors (Asia) Restricted, which is consequently 77%-owned by Vedanta Sources.

The business posseses an optical soluble fiber manufacturer found at Aurangabad, Of india and Telecom Cable television & Strength Transmitting Conductor plant life at Silvassa, Pune& Haridwar Indian. Within 2002, Sterlite has been instructed to shelve ideas for any large new facility inside Bangalore because of marketplace weakness.

Sterlite was cited within an Indian parliamentary conversation of government acquiring irregularities. Sterlite has been offered the show lead to cum need discover from the Indian Practices and Excise specialists with regard to alleged strong-willed evasion of Tailor made and Excise Tasks within 12 months 2000. This trouble can be at the moment outlined with regard to experiencing in the Supreme Court of Indian.

Sterlite Optical Technologies will be the merely company to be given the actual 'Top Phone system Cords Company' inside Of india, 4 times in the past five years, as reported by the once-a-year V&D One hundred Survey[citation needed] and is really a winner of the particular 'Amity Honor for Corporate and business Excellence' and 'ELCINA Award pertaining to R&D' in 2006