Sterlite Technologies wins TEMA National

Published Date
22 - May - 2008
| Last Updated
22 - May - 2008
 
Sterlite Technologies wins TEMA National

Sterlite Technologies announced that it has received the 'TEMA National Telecom Award 2008' for Excellence in Exports

Sterlite Technologies, a global provider of Power Transmission Conductors, Optical Fibers and Telecommunication Cables announced that it has received the 'TEMA National Telecom Award 2008' for Excellence in Exports.

In FY08, Sterlite's total revenues from export sales increased exponentially by 75% compared with the last fiscal and accounted for 31% of the Company's total sales revenues in FY08. At the start of Q1 FY09, the Company reported a strong order book of about Rs. 1,020 Crores for its telecom and power products, of which the export order book is about Rs. 320 Crores.

The Telecom Equipment Manufacturers' Association of India (TEMA) organized the 2nd Edition of the 'National Telecom Awards' on the occasion of World Telecom and Information Society Day. The awards were presented in the category of Exports, Manufacturing, Innovation, R&D etc. The award was presented to Sterlite by Thiru A Raja, Hon'ble Union Minister of Communications & IT on May 16, 2008 in New Delhi.

KS Rao - COO (Telecom) says, "We have consciously realigned our sales efforts to focus on judicious mix of products, mix of sustained growth markets and future potential markets. We are grateful to TEMA for recognizing our efforts and we believe that our processes are firmly established to ensure the sustainability of our global customer mix."

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