TVS Interconnect Systems (TVSICS),
part of TVS Group is planning Rs.200 crore for building towers for telecom
operators on Build-Operate-Lease (BOL) basis in 2006-07.
The company plans to build around 250
towers with each costing between 50 to 70 lakhs. Meanwhile TVSICS will also be
investing over 10 crore in its 22 acre Madurai plant which will be increased to
25 crore over the next two years.
The company along
with Siemens Information Systems (SISL)
has also bagged an order for providing network
infrastructure for Bangalore and Hyderabad airports.