Sterlite Tech says manufacturing capacities now close to pre-coronavirus levels
New Delhi: Data network solutions provider Sterlite Technologies’ manufacturing capacities have revved up to near pre-coronavirus levels, according to Group CEO Anand Agarwal. Agarwal said government spending on digital infrastructure needs to go up significantly in tandem with other economies of similar size, and that digital networks need to be seen more as enablers for healthcare, education, smart cities, business, and governance.
“Consider our spending on roads and railways, power, ports, and how we spend on infrastructure for critical movement of goods. Now, there is digital infrastructure on which information pertaining to healthcare, education, governance, business, is flowing…So, government investments into the digital infrastructure have to be viewed in the context of spurring GDP (gross domestic product) growth,” Agarwal told .
A shift in mindset has to happen with regard to differentiating between conventional telecom and futuristic digital networks, which will be the nerve centre for all economic activities.