HFCL Ltd. has entered into a long-term supply agreement with a global multinational corporation for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas wholly owned subsidiary.
The agreement has an estimated potential value of approximately USD 1.10 billion (around ₹10,159 crore) over its tenure and will be executed over a multi-year period extending up to December 2030.
HFCL will supply multi-million fibre kilometre volumes annually, with purchase orders to be released periodically based on project and specification requirements.
This marks a significant milestone for HFCL as it is the first long-term, multi-year OFC supply arrangement of this scale in the company’s history, reinforcing its global competitiveness and strengthening its long-term growth outlook in the optical fibre market.
HFCL is a leading technology company specialising in creating digital networks for telcos, enterprises and governments. Over the years, HFCL has emerged as a trusted partner offering sustainable high-tech solutions with a commitment to provide the latest technology products to its customers.
The company’s strong R&D expertise coupled with global system integration services and decades of experience in fiber optics enable them to deliver innovative digital network solutions required for the most advanced networks.
The Company’s in-house R&D Centers located at Gurgaon, Bengaluru and Hyderabad along with invested R&D houses and other R&D collaborators at different locations in India and abroad, innovate a futuristic range of technology products and solutions.
HFCL has state-of-the-art Optical Fiber and Optical Fiber Cable manufacturing plants at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary HTL Limited at Chennai.
The Company’s recently set-up plant in Manesar is focused on telecom equipment production, with products that qualify under the Government of India’s Production-Linked Incentive (PLI) Scheme.
HFCL is a partner of choice for its customers across India, Europe, Asia Pacific, Middle East, Africa and USA. HFCL’s commitment to quality and environmental sustainability inspires it to innovate solutions for the ever-evolving customer needs.
