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Sterlite Technologies News

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 NRI billionaire Anil Agarwal today announced that it will set up India's first LCD manufacturing facility, which will see an investment of USD 10 billion (about 68,000 crore) in five phases.
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The optical fibre manufacturer is also connecting defence establishments in Jammu & Kashmir with high-speed optical fibres.
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Sterlite Technologies will invest up to Rs 400 crore on capacity expansion as it targets a major part of the Rs 72,000-crore BharatNet project.
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Optical fibre maker Sterlite Technologies on Thursday announced setting up of USD 1 lakh fund for promoting innovations in the field of broadband deployment in India.
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Power transmission solutions provider, Sterlite Technologies has entered into an agreement to raise Rs 500 crore through equity infusion from Standard Chartered Private Equity for funding its existing as well as new projects, the company said Monday.






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