STOCKMARKET360

Get Top latest market news, Stock Market Views, Stock Market Updates and analysis on stock, derivatives, commodity and IPO markets. Get all Stock market news, BSE, NSE, Sensex Nifty, world markets, Indian markets, stock recommendation, Dalal Street, Day trading, futures, options, SEBI, market news, Business and other Financial News.

Sterlite Tech Gets Rs 3,500 Cr Order For Indian Navy’s Digital Network

Sterlite Tech Gets Rs 3,500 Cr Order For Indian Navy’s Digital Network

Sterlite Tech said it has the affirmed request to construct and deal with a pan-India digital network to empower communication for the Indian Navy.



Normally, such undertakings are won by multinational organizations.

In any case, given that the system will be utilized for safeguard purposes, the Navy appears to have favored an Indian seller.

Nevertheless, it will be a obstacle and an opportunity for an Indian company to design, build and operate an advanced and intrusion-proof digital network that will expand to the Andaman and Nicobar Islands as well as Lakshadweep.

Sterlite, which had gotten an ‘advance buy arrange’ in February, said it has been marking on new accomplices and enlisting new representatives throughout the previous couple of months, fully expecting the request.

“We are prepared to start work,” said KS Rao, CEO – Telecom Services Business, Sterlite Tech.

The task incorporates the production of a free high-limit end-to-end correspondences organize, connecting numerous Indian maritime destinations and India-directed islands.

It likewise incorporates the setting-up of exceedingly secure server farms and Big Data content conveyance organizes that are software-defined.

“This is the first run through a coordinated end-to-end advanced system at such a scale is being worked in India,” said CEO Anand Agarwal.

The greatest test will be to guarantee that the system can’t be hacked into by remote governments like that of China and the US, whose offices are accounted for to approach most fiber-optic systems on the planet.

The project includes the creation of an independent high-capacity end-to-end communications network, linking multiple Indian naval sites and India-administered islands.

Sterlite Tech said it has “demonstrated mastery and involvement in building interruption confirmation” organizes and “has been at the front line with India’s most advanced command control centre technology.”

Sterlite Tech, which makes optical fibre and optical fibre cable, had an order book of Rs 6,500 crore in the second quarter of 2018-19.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

STOCKMARKET360 © 2017