News makers:
23 Apr 2001
1
23 April 2001
Sterlite Optical loses three executives to competition
Mumbai: Three senior executives from Sterlite Optical Technologies , India's largest manufacturer of fibre optic, have recently crossed over to its competitor, Aksh Optifibre, the second largest fiblre optic manufacturer.
Mr. Rajeev Naik, who used to oversee the commercial functions at Sterlite, has been appointed the chief executive at Aksh. The other two senior executives to leave are logistics head Mr. Ajay Kumar, who joined Aksh in the same capacity and Mr. Ashok Agarwal, the former head of the fibre division.
Both SOTL and Aksh have announced expansion plans in their optical fibre capacities. SOTL has also a large export presence, while Aksh is focussing on the domestic market.
