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Over the years, Ortel has grown up to this standard under the dynamic leadership of its Promoter-Director Mrs. Jagi Mangat Panda. Mrs. Panda belongs to the well-established Panda Family of Orissa, promoters of the IMFA group of companies, the leading private sector group in Orissa with interests in Smelters, Power Generation, Coal and Chromite Mining.
When the telecom revolution was taking place in the country in mid-nineties and Indian telecom companies were planning of investing & establishing expensive telecom networks, Mr Jay Panda, husband of Mrs. Jagi Mangat Panda and the Non-Executive Chairman of Ortel, had already drawn up a plan to bring a complete paradigm shift and build a packet switching based HFC network that can cater to all communication related services including voice at a substantially cheaper price in the State of Orissa.
A graduate from Michigan, USA with a combined degree in Engineering and Management, Mr.Jay Panda worked in the corporate sector before joining politics.
Mr.Jay Panda is a Member of Parliament, India (Lok Sabha) from Kendrapara Constituency in Orissa, He also holds the following positions:
1. Member, Department related Parliamentary Standing Committee on Coal, Steel and Mines 2. Member, Parliamentary Consultative Committee for Ministry of Finance
CURRENTLY ASSOCIATED AS:
1. Member, Board of Governors, Xavier Institute of Management (XIM), Bhubaneshwar;
PREVIOUSLY ASSOCIATED AS:
1. Member (National and Regional Council) and Chairman, Orissa State Council of Confederation of Indian Industry (CII)
2. Member, Export Advisory Committee of Government of Orissa;
3. Member, International Chromium Development Association (ICDA), Paris
4. Director of Kalinga Hospital & Research Centre (KHRC)
5. Vice-President of Confederation of 100% Export Units (CEU)
6. Director of Industrial Promotion and Investment Corporation of Orissa Ltd. (IPICOL)
7. Chairman, Board of Governors of Technical Teachers Training Institute (TTTI) East, Calcutta
While Mr.Jay Panda has helped provide strategic & technological direction to Ortel, Mrs. Panda was completely hands on in promoting & building Ortel from scratch. Her able leadership has proved to be instrumental in carrying out the vision of Mr. Jay Panda forward, which has transformed Ortel into one of the best private sector enterprises in the State.
Our other Investors
NSR – PE Mauritius : NSR is a leading Asia-focused growth capital firm with over $1.4 billion under management, focused on the Indian subcontinent, as well as other rapidly growing economies in Asia and the Middle East , has invested in the Equity and Preferences Shares of Ortel.
OSEDC : The nodal agency for electronics industries for the State Government of Orissa and responsible for expediting/providing infrastructural and regulatory support to IT industries, has played an important role in helping Ortel acquire its rights of way through several changes of government in the state.
SREI : A leading infrastructure/equipment financier in India , has provided several tranches of equipment finance, debt and equity to Ortel over the years.
IPICOL : The premier Government of Orissa Financial Institution has supported Ortel by providing term loans for project expansion at Bhubaneswar & Cuttack .
KARNATAKA BANK LIMITED (KBL) : Mangalore based leading 'A' class scheduled commercial bank in India provides finance support to Ortel for project expansion.
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