Sterlite Technologies will hire about 300-400 professionals this fiscal for growth areas of 5G and wireless ecosystem and to support its plans to take services business global, PTI reported.
Sterlite CEO Anand Agarwal said the company will hire professionals with requisite experience as well as freshers for these growth areas.
Part of the hiring is also in view of the company’s plans to take its services business global, in markets of the Middle East and Europe.
“We are continuing on our strategic path and we are not letting the current slowdown in the economy or whatever is happening on COVID, to impact our overall long-term strategic roadmap,” he said.
Data network solutions provider will adopt a structured approach to take its services business global.
At present, Sterlite Technologies sells its products globally with over two thirds of fibre and cable it produces, targeted at the overseas markets.
Sterlite Technologies is targeting to expand services business in international markets. STL has already started engaging with customers, who buy its products, for a larger services play.
“We will go for a structured approach, by taking up one global services contract first, and part of the hiring plans pertain to this,” he said.
The services play includes designing a project, integration of the entire network, as well as operation and maintenance functions.
With a portfolio ranging from optical fibre and cables, to network design, deployment and network software, Pune-based Sterlite Technologies positions itself as integrated solutions provider for global data networks.
Sterlite Technologies has optical preform, fibre and cable manufacturing facilities in India, Italy, China and Brazil.