Tamilnadu Telecommunications

Tamilnadu Telecommunications Limited is a joint sector government company, with 49% of shares held by TCIL and 14.63% by TIDCO. For several years, the company has faced a challenging period, and its plant remains non-operational due to the need for major machinery repairs. Its philosophy emphasizes ensuring fairness, transparency, and accountability to shareholders, which helps in enhancing their value and implementing good corporate governance practices. The company's principal business activity is the manufacturing of Optical Fiber Cables for the telecommunications sector, contributing to 100% of its turnover. Management is focused on revival by exploring various ways to monetize assets and expects the company to start earning revenue from the next year. As part of its future growth, the company is taking initiatives to increase exports and develop new international markets for its products.;