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Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
12 July, 2025 19:57 IST
Sterlite Tech wins Rs 35 bn contract for Indian Navy's digital network
Source: IRIS | 16 Oct, 2018, 11.03AM
Rating: NAN / 5 stars.
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Sterlite Technologies, a global data network solutions company, today announced that it has been awarded the confirmed Purchase Order for designing, building and managing the Indian Navy's digital network.

This Rs 35 billion project is a multi-year contract, which will include design, execution, operations and maintenance of the Navy Digital Network. The Company had in February 2018 announced the award of the Advanced Purchase Order (APO) for this project.

This network will give the Indian Navy 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 Big Data content delivery networks that are software-defined.

''This is the first time an integrated end-to-end digital network at such a scale is being built in India, empowering the Indian Navy to secure our borders till the farthest posts in India.'' said Dr Anand Agarwal, Group CEO, Sterlite Tech. ''Our technologies will enable the Indian Navy to ride new-age applications with advanced security solutions while bringing real-time situational awareness and faster decision making. It will also position our Navy for future-readiness, preparing for network virtualisation, Big Data analytics and customised enterprise applications.''

''Our state-of-the-art converged network will enable the Indian Navy to detect and resolve all digital threats on the network. With this, the Indian Navy will have a secure and reliable information highway for defence and administrative operations,'' said KS Rao, CEO, Telecom Services Business, Sterlite Tech. ''We have been ramping up our partner ecosystem and recruitment over the last few months, and are ready to begin work,'' he added.

Sterlite Tech has proven expertise and experience in building intrusion-proof smarter networks for the Indian defence, and has been at the forefront with India’s most advanced command control centre technology.

Shares of the company gained Rs 8.05, or 2.53%, to trade at Rs 326.25. The total volume of shares traded was 104,851 at the BSE (10.54 a.m., Tuesday).

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