Tejas Networks shares surged today after securing a substantial order worth **₹1,537 crore** from Tata Consultancy Services (TCS) to supply equipment for BSNL's 4G mobile network. This contract highlights India's push for indigenous telecom manufacturing.
₹1,537 crore
Order Value
⏳ Time Machine
How today’s news fits into the bigger picture
October 2020
PLI Scheme for Telecom
The Indian government launched the Production Linked Incentive (PLI) scheme for telecom and networking products to encourage domestic manufacturing and reduce reliance on imports.
July 2022
TCS's BSNL 4G LoI
Tata Consultancy Services (TCS) received a Letter of Intent from BSNL for a pan-India 4G network rollout, with a strong emphasis on using indigenous technology solutions.
March 2024
BSNL 4G Pilot Launch
BSNL commenced a limited rollout of its 4G network in select telecom circles, utilizing Indian-developed technology, including components from a consortium led by TCS.
June 2026
Tejas Readiness Trials
Tejas Networks successfully completed trials and announced its readiness to provide crucial components and equipment for BSNL's large-scale 4G network deployment.
Today
Tejas Networks secured a ₹1,537 crore order from TCS for BSNL's 4G network.
What happens next?
Tejas Networks will begin supplying equipment, accelerating BSNL's 4G network expansion and potentially paving the way for future 5G orders.
Tejas Networks saw a significant jump in its stock price today following the announcement of a major order valued at **₹1,537 crore**. The contract, received from Tata Consultancy Services (TCS), involves supplying equipment crucial for Bharat Sanchar Nigam Limited's (BSNL) ongoing 4G mobile network expansion. This development reinforces the 'Make in India' initiative within the telecommunications sector, prioritizing domestic manufacturers for critical infrastructure projects. It is a substantial boost for Tejas Networks and marks a key step in BSNL's efforts to upgrade its network using local technology.
💭 If you're wondering…
BSNL (Bharat Sanchar Nigam Limited) is a state-owned telecommunications company. This order is significant as it accelerates their long-pending 4G network upgrade using Indian technology, helping them compete with private players.
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