Tejas Networks, a telecommunications equipment manufacturer, is intending to grow its revenues by 30 per cent year on year in 2015-16. The company believes that its growth would be based on the packet transport solution with MPLS TP technology as it is being widely implemented for offering optical transport solutions.

Tejas Networks recently won a packet transport networking (PTN) solutions deal worth $10 million from Malaysia's telecom infrastructure provider, SACOFA. It also won a deal from RailTel Corporation of India for a tender based on PTN technology.

Further, the company is of the view that these technologies are gaining traction in the international market as well. This is evident from increased share of revenues for the company from outside India. It had earned more than half the total revenues from the international markets in 2014-15.