 FLAG was featured in the Guinness Book of World Records as the longest telephone cable in the world and has been instrumental in lowering the cost of international calls to countries like India by an order of magnitude that facilitated the creation of new industries like offshore call centers.Tagare went on to found a second submarine fiber optics company called Project Oxygen Ltd. in 1997 where he was the chairman and CEO.Its launch was attended by 300 telecom service providers from 200 countries.