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Nelco’s arm receives Authorization Certificate to provide IFMC services

27 Feb 2019 Evaluate

Nelco’s wholly owned subsidiary -- Tatanet Services (TNSL) has received an Authorization Certificate from Department of Telecommunications, Government of India for providing In Flight & Maritime Connectivity (IFMC) services. This is as per the Flight & Maritime Connectivity Rules, 2018 announced by the Central Government in December 2018, which has opened potentially large market for the satellite communication industry.

TNSL, with this authorisation and its available state of the art technology infrastructure, high quality VSAT services and knowledge of the market, is well poised to offer seamless connectivity services in aircrafts and moving vessels. This will help in future growth of consolidated Nelco.

Nelco was established in 1940 and is a part of the leading business house - the Tata group. The company is focused on system integration and product management for industrial controls, power, electronics, defence electronics, VSAT networks and automation.

Peers
Company Name CMP
Ivalue Infosolutions 226.75
Control Print 572.90
TVS Electronics 398.55
Schneider Electric 1816.30
NELCO 925.50
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