Meta Picks Mumbai, Vizag for Global Subsea Cable Project

13 Oct 2025 CW Team

Google has also partnered with Sify for the Indian landing of its USD 400 million (Rs 33.6 billion) Blue-Raman subsea cable, underscoring the surge in global investment into India’s digital infrastructure and its growing strategic significance in international data connectivity networks.

Waterworth, which is expected to be the world’s longest subsea cable system, will connect the United States, India, Brazil, and South Africa. The cable is scheduled to land in 2030, and according to Sunil Tagare, founder of OpenCables Inc., the project could represent a USD 10 billion (Rs 840 billion) investment over the next five to ten years.

Sify’s role as a landing partner for both Meta and Google reflects the rising demand for efficient, low-cost landing infrastructure in India. Domestic telecom operators such as Reliance Jio and Bharti Airtel are also ramping up investments in subsea cable networks to meet the surging data consumption driven by cloud adoption, streaming, and AI-based services.

According to industry estimates, the global submarine communication cable market is projected to expand at a compound annual growth rate (CAGR) of 7.2 per cent, reaching USD 40.58 billion (Rs 3.4 trillion) by 2028, up from USD 27.57 billion (Rs 2.3 trillion) in 2023. The Indian market alone is expected to touch USD 78.6 million (Rs 6.6 billion) by 2030.

The influx of large-scale investments from Meta and Google is expected to reshape competition in India’s data infrastructure space, challenging domestic players such as Reliance Jio, Bharti Airtel, and Tata Communications. Meanwhile, neutral players like Sify Technologies and Lightstorm are emerging as attractive alternatives, offering cost-efficient landing solutions.

Furthermore, the carrier-class switch market, vital for ensuring seamless connectivity, low latency, and high network reliability, is forecast to reach USD 12.3 billion (Rs 1.03 trillion) by 2031, growing at a CAGR of 5.2 per cent between 2025 and 2031.

In summary, the Waterworth and Blue-Raman projects represent a pivotal moment in India’s digital infrastructure evolution, reinforcing the nation’s position as a critical global data hub for the coming decade.

Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, has selected Mumbai and Visakhapatnam as the landing sites for its multibillion-dollar subsea cable project, Waterworth. The company has appointed Sify Technologies as its landing partner in India under a USD 5 million (Rs 420 million) contract. Google has also partnered with Sify for the Indian landing of its USD 400 million (Rs 33.6 billion) Blue-Raman subsea cable, underscoring the surge in global investment into India’s digital infrastructure and its growing strategic significance in international data connectivity networks. Waterworth, which is expected to be the world’s longest subsea cable system, will connect the United States, India, Brazil, and South Africa. The cable is scheduled to land in 2030, and according to Sunil Tagare, founder of OpenCables Inc., the project could represent a USD 10 billion (Rs 840 billion) investment over the next five to ten years. Sify’s role as a landing partner for both Meta and Google reflects the rising demand for efficient, low-cost landing infrastructure in India. Domestic telecom operators such as Reliance Jio and Bharti Airtel are also ramping up investments in subsea cable networks to meet the surging data consumption driven by cloud adoption, streaming, and AI-based services. According to industry estimates, the global submarine communication cable market is projected to expand at a compound annual growth rate (CAGR) of 7.2 per cent, reaching USD 40.58 billion (Rs 3.4 trillion) by 2028, up from USD 27.57 billion (Rs 2.3 trillion) in 2023. The Indian market alone is expected to touch USD 78.6 million (Rs 6.6 billion) by 2030. The influx of large-scale investments from Meta and Google is expected to reshape competition in India’s data infrastructure space, challenging domestic players such as Reliance Jio, Bharti Airtel, and Tata Communications. Meanwhile, neutral players like Sify Technologies and Lightstorm are emerging as attractive alternatives, offering cost-efficient landing solutions. Furthermore, the carrier-class switch market, vital for ensuring seamless connectivity, low latency, and high network reliability, is forecast to reach USD 12.3 billion (Rs 1.03 trillion) by 2031, growing at a CAGR of 5.2 per cent between 2025 and 2031. In summary, the Waterworth and Blue-Raman projects represent a pivotal moment in India’s digital infrastructure evolution, reinforcing the nation’s position as a critical global data hub for the coming decade.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..