Business Standard

Sterlite bags three contracts in Africa and Asia

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BS Reporter Mumbai

Sterlite has been chosen as the sole manufacturer and supplier of power conductors for the contracts, said the company in a statement to the Bombay Stock Exchange (BSE).

In FY07-08, the company's export sale for its power conductors accounted for about 35 per cent of its total revenues. With the latest wins the company has fortified its market share in Africa to 14 per cent.

 

Pravin Agarwal, Director-Sterlite Technologies said, "These latest contract wins are significant endorsement of our customer confidence in Sterlite's technical capabilities and product reliability."

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First Published: Jul 14 2008 | 11:54 AM IST

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