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STL Invests USD 56 Million For 1,68,000 Sq. Ft Optical Solutions Palmetto Plant in South Carolina

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Sterlite Technologies Limited announced the launch of the Palmetto plant in Lugoff, South Carolina which was inaugurated by Hon. Henry McMaster, Governor of South Carolina reinforcing STL’s commitment to the Make in America vision. Sept 15, 2023 Sterlite Technologies Limited announced the launch of its state-of-the-art manufacturing facility in Lugoff,......
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Top Cable Companies in India 2022

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A special issue containing information on India’s leading wire and cable companies! For the purpose of presenting the business topography of the industry, Wire & Cable India magazine came up with its sixth edition of Top Cable Companies. Started in 2012, this year’s ‘Top Cable Companies 2022’ list identifies the......
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KKR to Invest USD 400 million in Serentica Renewables

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A newly formed decarbonisation platform under Vedanta Group, Serentica Renewables seeks to enable energy transition by providing renewable energy solutions for energy-intensive industries. KKR will infuse USD 400 million. November 8, 2022 Kohlberg Kravis Roberts & Co. (KKR) will join hands with Serentica Renewables and invest USD 400 million in......
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STL Launches Multiverse – India’s First Multicore Fibre and Cable

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Conceptualised and developed indigenously at STL’s Centre of Excellence in Maharashtra, Multiverse leverages Space Division Multiplexing to gain 4X transmission capacity per fibre, within the same diameter. October 1, 2022 Sterlite Technologies Ltd. (STL) has launched India’s first Multicore fibre and cable. This breakthrough innovation is expected to change the......
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STL Appoints Ashwini Bakshi as Chief Sales Officer

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Mr. Ashwini Bakshi has more than 25 years of experience in sales and strategic growth capability building. At STL, he will be responsible for driving the company’s order book and revenues. September 6, 2022 STL has onboarded Mr. Ashwini Bakshi as the Chief Sales Officer (CSO) to its global leadership......
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STL to Acquire Remaining Stake in Jiangsu Sterlite Tongguang Fiber Co.

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Following the acquisition of the 25 percent stake, Jiangsu Sterlite Tongguang Fiber Co. will be a wholly-owned subsidiary of STL. July 7, 2022 Sterlite Technologies Ltd. (STL) has signed the definitive agreement to acquire the balance 25 percent stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. (JSTFCL). The deal is......
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Sterlite Technologies Launches its 5G-from-India solutions

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The company expects that the end-to-end nature of solutions will fundamentally alter the game for super-fast and high-quality 5G deployments. December 21, 2021 Digital networks integrator Sterlite Technologies Ltd (STL) has introduced its 5G-from-India offering at the India Mobile Congress (IMC) event. The company informed in a statement that its......
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STL Bolsters Presence in the MEA Region to Deliver on a USD 100 Mn Project

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STL recently set up a Centre of Excellence in Dubai, which will integrate R&D, product development, and operations to cater to the unique needs of the region. November 18, 2021 Sterlite Technologies Limited (STL) has announced key initiatives to strengthen its presence in the Middle East, Africa (MEA) region by......
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STL Announces Leadership Transition

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Newly appointed as Managing Director, Mr. Ankit Agarwal has been associated with Sterlite Technologies since 2010. Most recently, he held the position of Chief Eexcutive of Optical business of the technology company. October 11, 2021 Sterlite Technologies Limited (STL) has announced that Dr. Anand Agarwal will be stepping down as......
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Sterlite Technologies and Facebook to Collaborate for 5G Network Development

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STL is the first Indian firm to collaborate with Evenstar Programme to provide Open-RAN radio solutions. August 11, 2021 Sterlite Technologies (STL) has announced a collaboration with Facebook Connectivity to design and develop 4G and 5G radio products. This is part of the Evenstar program to help accelerate the commercial......
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