Tuesday, October 16, 2018

Sterlite tech bagged half a billion dollars project for Indian navy digital network construct.

The Rs 35-billion project includes design, execution, operations and maintenance of the Navy's digital network.

In a note released on Tuesday, the company informed stock exchanges about having bagged the project, the advanced purchase order for which it had received in February this year.

"This network will give the digital defence supremacy at par with the best naval forces in the world. The project includes the creation of an independent high-capacity end-to-end communications network, linking multiple Indian naval sites and India-administered islands. The project will include setting up of highly secure data centres and that are software-defined," said in its letter to stock exchanges. 

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