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Tamilnadu telecommunications, TTL may get a revival from Indian Government

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Tamilnadu Telecommunications Ltd, TTL as it is known to the people working in fiber optic field in India and abroad have not been in good financial conditions for quite a long time. It is one of the two fiber optic cable manufacturing company left in the southern part of India. The another one in the southern India is Sudarshan telecom, which is located in Mysore, Karnataka, neighboring state of Tamilnadu.

India's federal government is considering to support TTL and there is a proposal from the Board of Industrial and Financial Reconstruction for reviving Tamilnadu Telecommunications Ltd. Tamilnadu is a industry friendly state in India with considerable number of human potential.

Tamilnadu telecommunications Ltd, TTL is a fiber optic cable manufacturer who is supplying cables to BSNL, Tata teleservices, Reliance, TCIL etc. TTL cables have made their entry to foreign countries like Ethiopia, Kuwait, Oman, Bangladesh, Nepal, Jordan etc.

Tamilnadu Telecommunications has been declared a sick company and the Jelly filled telephone cables unit, which was at Arakonam is not functioning. Telecommunications Minister A. Raja has taken some initiatives with lawmakers in the upper house of Parliament to save Tamilnadu telecommunications Ltd.Fiber optic cable manufacturing unit of Tamilnadu Telecommunications Ltd is at Maraimalai nagar, not so far away from Chennai is on the way to Chengalpettu, which is in the district of Kancheepuram. Though the unit at Arakkonam is closed its operation, some of the employees were being absorbed in the fiber optic cable manufacturing unit at Maraimalai nagar.
It is strategically important to have manufacturing unit for optical fiber cables in the southern state of Tamilnadu, as most of India’s fiber optic cable companies are concentrated in the western regions like Goa, Maharashtra, Sylvassa etc. Some of the fiber optic cable companies and optical fiber manufacturing units in another southern state, Andhrapradesh were closed due to severe competition from big companies or poor management.Generally, Sterlite dominates the Indian Fiber optic market and it has the major share in India’s fiber optic cable production and supply. Birla Ericsson and Vindhya telelinks together comes second in India, followed by Finolex in the third position.

The Indian government, through Telecommunications Consultants India Ltd., TCIL, holds 30.67% of Tamilnadu Telecommunications. Tamil Nadu Industrial Development Corp., a unit of the state government in Tamil Nadu, has a 29.49% stake in the company, stock exchange data showed.

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