In today''s dynamic business environment, change is the only constant.
The year gone by has seen much volatility and uncertainty in global
markets – be it the Euro zone debt crisis or the natural disaster in
Japan – the repercussions were not limited to geographical boundaries.
In today''s virtually connected world, unlike in the distant past, no
country, economy or person is insulated from the situations or
happenings in even the remotest parts of the globe. Gone are the days
when it took days, even months for news to travel from one part of the
world to another. Today, we are in an era where information travels at
the speed of light and its impact and influence are felt all over
The phenomenon will last forever, the world will continue to shrink and
at the fulcrum of this change lies the fundamental need for
connectivity. It is highly exciting times that we live in today, where
connectivity is encouraging collaboration and inclusiveness like never
before. There exists great opportunities for a company that is at the
forefront of providing transmission solutions to address the
connectivity needs of the power and telecom sectors; and the story only
gets bigger and better. The vision of our company is to ''Connect every
home on the planet'', which forms the basic tenet for all our business
offerings. We endeavour to continue to be, a global provider of choice
for all our customers to help them build infrastructure highways for
data and energy transmission.
Over the last 24 years, we have grown from being a small localised
player to becoming a globally recognised brand, with physical presence
in over 10 countries and a client footprint across 75 countries. Today,
we are one of the few global companies who offer a unique mix of data
and energy products and solutions. Alongside this journey into new
markets, we have embarked on a new journey: the journey of excellence.
As a company we have all agreed to have only one core value – which is
to deliver excellence to all our stakeholders in everything we do.
Excellence as a concept is not only limited to business processes but
also extends to our long-standing commitment to sustainable
development. Conducting business in a responsible manner is an ethos
that all our businesses and employees are committed to stand up to. We
continue to endeavour to build products that are more efficient and
would help reduce the global carbon footprint. We also remain committed
to the community around us and constantly endeavour to increase our
level of engagement with them.
In this journey of growth through excellence, the most important
stakeholders have been our employees. The success that we have
achieved and the growth that we have seen, is in no small measure the
result of their contribution and the guidance provided by our able
leadership team. On behalf of the board I would like to thank you, our
dear employees for the sincere efforts each of you have put in towards
our company''s goals. It is these efforts that have ascertained
Sterlite''s growth from a products manufacturer to an organisation
capable of delivering products, solutions and infrastructure to the
telecom and power sectors.
As infrastructure has become the new hallmark against which countries
measure their standards of development, the medium- and long-term
demands in both the telecommunication and power sectors will continue
to be strong.
Today, we continue to live in a world which is virtually getting larger
and bigger, while at the physical level, it continues to shrink; I am
optimistic about Sterlite''s robust business model, backed by an
insatiable desire for growth.
Chairman, Board of Directors
Sterlite Technologies Limited