Tejas Networks sees domestic market growing faster for it than exports

According to a report by research firm Ovum, this country is expected to be a $1 billion per year optical network equipment market by 2022

Telecom product firm Tejas Networks expects its short-term growth driven by demand in the India market, as opposed to abroad, led by government-funded projects. 

The Bengaluru-based company, also promoted by serial entrepreneur and technocrat Gururaj Deshpande, get about 65 per cent of its revenue from India. International markets account for the rest.

“This year, India will be bigger than that (65 per cent), as the market here is growing very fast and we have not been growing the international business as much as we are growing in India right now,” said Sanjay Nayak, managing director (MD). 

Adding: “We are expecting our net profit