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Tenders: STL reports Rs.900cr orders in FY24

Fiinews by Fiinews
April 3, 2024
in Tenders
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India stands on the cusp of digital leadership, says Cherian

STL (NSE: STLTECH) has been awarded orders worth ~Rs.900 crore in FY24 to provide integrated optical solutions to the leading service providers in the country which will use advanced Optical solutions and Smart Fibre Deployment services to bring high-speed connectivity to Indians in more than 20 states.

“India stands on the cusp of digital leadership, characterised by rapid technological advancements and widespread adoption,” said Praveen Cherian, CEO, STL Global Services.

“We are proud to contribute to this journey and are confident that through our specialised optical solutions and smart deployment services, we will enable service providers to shape the nation’s digital future, driving economic prosperity,” he said on 2 Apr 2024.

With its Glass to Gigabit capability (starting from its own glass preform to optical connectivity products), STL is well-positioned to cater to the needs of the Indian telecom industry.

Its solid manufacturing base in India with six plants, R&D-led products like its flagship Stellar™ fibre, and high-fibre count Intermittently Bonded Ribbon (IBR) cable and fibre deployment services are powering fibre-densification for use cases like 5G, IoT and AI. Fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

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