Sterlite Tech [BSE: 532374, NSE: STRTECH], a global technology leader in web-scale digital networks, has been awarded a Rs 3500-crore Advance Purchase Order to design, build and manage the Indian Navy’s communications network. This will give the Indian Navy digital defence supremacy at par with the best naval forces globally.
This is the first time that an integrated naval communications network at such a scale is being built in India. The Navy’s communications network has been envisioned as a smarter network infrastructure with enhanced throughput, high-quality secure services and ease of network management. The scope requires Sterlite Tech to design, build and manage the communications network for over a decade through its system integration capabilities.
“We are delighted to get an opportunity to play our role in strengthening India’s defence through highly scalable, future-ready networks,” said Dr Anand Agarwal, CEO, Sterlite Tech. He added, “Our recent experience of creating an intrusion-proof communication network for the Indian Army in Jammu & Kashmir will be leveraged for the Navy’s communications network. We look forward to delivering this end-to- end strategic network for the Indian Navy with our unique software-to- silicon capabilities.”
On the project highlights, KS Rao, COO and MD (Telecom Products & Services), Sterlite Tech, said, “It is our privilege to work for the Indian defence, and build an integrated communications network at such a scale. As master systems integrator, we will lead the planning and designing of a converged MPLS infrastructure on a two-layered centrally-managed IP backbone. This will provide a secure and reliable digital highway to the Indian Navy for administrative and defence operations.”
Unparalleled in scope and size, the project includes the creation of a high-capacity IP-MPLS (Internet Protocol – Multi Protocol Label Switching) network. Once completed, it will link multiple Indian naval sites and India-administered islands.
About Sterlite Technologies:
Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100 countries, with a digital web-scale offering across products, services and software. The Company has global scale manufacturing facilities in India, China & Brazil and two Software Delivery Centres in India. Sterlite Tech is home to India’s only Centre of Excellence for broadband research and Centre for Smarter Networks for next generation network applications. Projects undertaken by the company include intrusion-proof smarter data network for the Armed Forces, rural broadband for BharatNet, Smart Cities’ development, and establishing high-speed Fibre-to- the-Home (FTTH) networks.
Forward-looking and cautionary statements: Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies’ expected financial position, business strategy, the future development of Sterlite Technologies’ operations and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Sterlite Technologies’ present, future business strategies, and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in Government policies or regulations of India and, in particular, changes relating to the administration of Sterlite Technologies’ industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies’ control, include, but are not limited to, those risk factors discussed in Sterlite Technologies’ various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com.