Sterlite Technologies eyes ₹20,000 crore revenue by FY29, product co-development strategy: Ankit Agarwal

NEW DELHI: A top executive at Sterlite Technologies (STL) said the homegrown optical fibre cable (OFC) maker is targeting ₹20,000 crore in revenue by FY29, driven by its business with data center and telecom sector customers. As part of its broader push into the data center industry, it will also collaborate closely with customers to co-develop products and solutions tailored to their requirements.

“…we have increased our margin guidance for Lakshya, which is our FY29 target. We have maintained our revenue target of ₹20,000 crores, which is almost four times our FY26 performance.