Ankit Agarwal heads the Telecom Products Division at Sterlite Technologies. This includes the Optical Fibre, Optical Fibre Cable, Fibre connectivity, and Copper cable products. He is also managing Sterlite Ventures – Sterlite Tech’s strategic investments in high bandwidth applications in Healthcare, Education, and IoT.
He has been instrumental in expanding the global footprint of the Telecom business by successfully executing and managing Joint Ventures in China and Brazil. In addition to Joint Ventures, he is also responsible for executing strategic opportunities such as Mergers & Acquisitions and Greenfield projects globally for Sterlite Tech.
Prior to Sterlite Tech, Ankit led the Corporate Strategy of Vedanta Resources and played a key role in Vedanta’s strategic transactions including its $8.6 billion acquisition of Cairn India, and $2.6 billion bid for ASARCO. As an Analyst at the Investment Banking division of Deutsche Bank (London) prior to his stint at Vedanta, he played a significant role in cross-border transactions such as Tata Steel’s acquisition of Corus for US$12 billion & Eurasian Natural Resources $2.7 billion IPO.