STL To Employ 300-400 People In FY21 For 5G And Wireless Ecosystem

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  • The company claims to strengthening their eco system with the help of wireless and 5G ecosystem
  • “We were doing projects for defence, telecom ecosystem, smart cities and rural broadband”, Agarwal told 

According to a report by the Economic Times, data network solutions provider Sterlite Technologies will hire about 300-400 professionals with a fiscal for growth areas of 5G and wireless ecosystem. This would also support the plans of taking service business on a global platform, said Group CEO Anand Agarwal has said.

The company would also hire professionals with requisite experience as well as freshers for these growth areas. 

Agarwal also shared that they are strengthening their ecosystem with the help of wireless and 5G ecosystem. The company has also claimed to be continuing with a strong level of hiring. 

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Global business support 

Part of the hiring is also with concern of the company’s plans to take its services business global, in markets of the Middle East and Europe. Agarwal also commented, “We are continuing on our strategic path and we are not letting the current slowdown in the economy or whatever is happening on COVID, to impact our overall long-term strategic roadmap”.

Sterlite Technologies (STL) is expected to hire 300-400 people during the current financial year. The company is also planning to adopt a structured approach to take its services business global.

Overseas Markets 

Presently, Sterlite Tech has been selling its products globally with over two thirds pf fibre and cable it produces. It is targeted at the overseas markets. Agarwal also shared,”For our services business we had consciously focused on the India market, so far. So we were doing projects for defence, telecom ecosystem, smart cities and rural broadband,” 

This year, the company is also keeping an eye on international foray for its services business and has already started engaging with customers, who buy its products, for a larger services play. 

Integrated solutions for global data network 

The company is also planning to go for a structured approach, by taking up one global services contract first, and part of the hiring plans pertain to this. The services play includes designing a project, integration of the entire network, as well as operation and maintenance functions.

With a portfolio which ranges from optical fibre and cables, to network design, deployment and network software, Pune-based Sterlite Technologies positions itself as integrated solutions provider for global data networks. It also has optical perform, fibre and cable, manufacturing facilities in India, Italy, China and Brazil.

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