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March 2, 2001 | Feedback |
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Sector Focus : Telecom CablesTelecom cables industry: Post-budget State of the industry (2000-01) Tariffs, prices and landed costs
ckm: core kilometers; fkm: fibre kilometers; JFTC: Jelly-filled telecom cables; OFC: Optical fibre cables. 1 Weighted average prices (in terms of Rs/ckm) of BSNL's JFTC tender for 2000-01. 2 Weighted average prices (in terms of Rs/fkm) of BSNL's OFC tender for 2000-01. 3 Market prices. 4 Market prices, in terms of Rs/km. 5 Market price, in terms of $/km Source: CRIS INFAC
Budget impact Impact factors
Note: Figures in brackets indicate the closing share prices, on February 27, 2001 and February 28, 2001, respectively. pos= positive neg= negative neut= neutral. Source: CRIS INFAC A: The reduction in effective customs duty on copper, polyethylene and polypropylene is expected to have a positive impact on producers of JFTC and electrical cables. Companies with a larger proportion of JFTC and electrical cables (over 90 per cent) in their product mix, such as Finolex Cables, RPG Cables are expected to benefit more as compared with companies such as Birla Ericsson which have a relatively lower proportion of JFTC (about 75 percent) in their product mix. B: The reduction of surcharge on corporate tax, from 13 per cent to 2 per cent and the expected decline in interest rates, is expected to have a positive impact on producers. Rediff-CRISIL Budget Impact Analysis
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