Dax Networks could not escape the recessionary blues, but government business
(nearly 40% at Rs 41 crore) blossomed. A key win was the Maharashtra LAN
project, where Dax provided switches and routers for LANs in police department,
accounts department, etc. At Rs 35 crore, telecom was another contributorthe
GCON project implemented for VSNL with Sterlite as a partner was noteworthy.
While active networking products (switches and routers) together accounted for
Rs 72 crore, the passive business (structured cabling) took a bigger dip.
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FACTSHEET
l COO: Sudha Jagadish l |