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Sterlite Technologies approves ₹3,000 crore capex to add manufacturing capacity

Sterlite Technologies Ltd approved a ₹3,000 crore capital expenditure plan to expand capacity at its existing manufacturing facility, adding manufacturing capacity through a proposed expansion.

STLTECH

Broadband technology company Sterlite Technologies Ltd (STL) on Thursday (September 3) said it has approved a ₹3,000 crore capital expenditure (capex) plan to expand capacity at its existing manufacturing facility.The company said the proposed capacity addition will increase its existing installed…