MoneyWorks4Me

Sterlite Technologies gets nod for Rs 3,000 crore capital expenditure plan

04 Sep 2026 Evaluate

Sterlite Technologies has received approval for a capital expenditure (capex) of around Rs 3,000 crore to expand capacity at its existing manufacturing facility in view of the demand for Optical Fiber Cables and connectivity business globally. The proposed capacity addition will increase its existing installed manufacturing capacity by around 50%. The capacity is expected to be added by the end of FY29. The Board of Directors of the company at its meeting held on September 3, 2026, has, inter alia, considered and approved the same. 

Sterlite Technologies is one of the industry's leading integrators of digital networks providing All-in 5G solutions. 


Peers
Company Name CMP
Polycab India 8250.00
KEI Industries 4570.00
RR Kabel Ltd. 2424.55
Finolex Cables 1423.25
Precision Wire India 463.20
View more..