Telecom towers to remain core biz, EV foray to get double-digit returns: Indus

Indus Towers will continue to get a major chunk of its total revenues from setting up telecom towers for service providers even as the new electric vehicle (EV) charging infrastructure business would give double-digit returns, the top management of the country’s second-largest telecom tower provider said in its December quarter (Q3FY25) earnings call on Friday.

“Our primary driver of the business remains the tower business and EV is in early stage.