Sterlite Technologies Limited has announced plans to expand its Fiber Optic Cables facilities to an annual manufacturing capacity of 6 Million-km, from its current capacity of 2 Million-Km. This expansion in conjunction with the Optical Fiber Expansion from 6 to 12 Million-kms that would position Sterlite amongst the Top 5 global integrated fiber and cable producers.
Project Highlights
· The expansion milestones of these Fiber Optic Cables facilities has been planned to compliment the Company’s ongoing capacity expansion at its Optical Fiber facilities.
· The consolidated expansion for fiber and cable expansion is estimated to incur a Capital Expenditure of about Rs. 200 Crores (USD 50 Million).
· These facilities would be capable of manufacturing the Company’s existing range of Fiber Optic Cable Products as well as have the intrinsic capability to manufacture cable products as per evolving international telecom standards that are being introduced to cater to high bandwidth applications required by global markets.
· The Optical Fiber expansion is on track to complete by June 2009 and the Cables expansion would be fully in place by March 2009.
· Sterlite is in advanced stages of discussion with leading global manufacturing equipment and raw material suppliers to streamline its efforts towards the expansion project milestones.
Sterlite Technologies Limited
