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Aksh Optifibre set to follow an aggressive growth trajectory

By Swati Sanyal Tarafdar,

Added 04 June 2015

The company has rolled out an expansion plan that will see capacity expansion of over 80 per cent in its OFC business at its manufacturing plant in Reengus, Rajasthan

With a strong advance order book and a sharp focus on expansion across its manufacturing and services verticals, the company is all set to stride forward towards consolidating its current position and plan for the future.

With strong investment commitments from the Central government for the 'Digital India' programme with upwards of Rs. 70,000 crores to be invested towards the campaign, the domestic OFC market is upbeat over these developments. We are extremely happy to be associated with both the Central government and various State governments for end-to-end rollout of OFC networks in the country."

The company's e-governance arm, 1 Stop Aksh, has also performed exceptionally well over the last fiscal with major leaps being taken in Rajasthan, where it is engaged in a Public-Private Partnership (PPP) model with the government of Rajasthan for delivering over 200 Government-to-Citizen (G2C) and Business-to-Citizen (B2C) services through its kiosks spread across the state. 1 Stop Aksh has a plan to setup over 10,000 e-governance kiosks in the state by the end of 2016.

With the introduction of micro ATM facilities through a strategic tie up with State Bank of India (SBI), 1 Stop Aksh kiosks are now fully equipped to carry out transactions in the rural parts of Rajasthan, which is being considered as a concrete step towards realizing the Pradhan Mantri Jan DhanYojana; which aims at providing each citizen of the country with a bank account and achieve financial inclusion and independence.

Aksh Optifibre Limited is a 28-year-old company which started with the manufacturing of optical fibre and optical fibre cables (OFC).

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