Schedule a Call Back
HFCL secures Rs 67 cr order for optical fiber cables, also expands capacities
Industry News- Dec 06,23
Scheduled for completion by April 2024, the order entails HFCL delivering various types of optical fiber cables tailored to meet the customer's specifications.
HFCL, a provider of communication network solutions, has secured a new order valued at Rs 67 crore for the supply of Optical Fiber Cables (OFC) from a prominent domestic telecom service provider in India, as stated in a press release.
Scheduled for completion by April 2024, the order entails HFCL delivering various types of optical fiber cables tailored to meet the customer's specifications.
The company highlighted the escalating demand for OFCs in India, attributing it to the country's substantial digitisation efforts, including the fiberisation initiative under the BharatNet program and the deployment of 4G and 5G networks by telecom operators. The recent Cabinet approval of an additional Rs 1.39 lakh crore for the ambitious BharatNet project, aimed at providing rural broadband connectivity, is expected to further fuel the demand for Optical Fiber Cables in the nation, according to the firm's statement.
HFCL recently announced its expansion plans, intending to increase its optic fibre capacity from the current 12 million fkm to 33 million fkm and elevate high-quality optical fibre cable capacity from 25 million fkm to 35 million fkm by March 2025. The company asserts a market share of over 50% in India for OFC in the fiscal year 2023.
With a focus on addressing evolving customer needs in both Indian and global markets, HFCL aims to leverage its indigenous innovation and research and development capabilities.
In a bid to accelerate the installation of 5G network infrastructure, expand FTTH capabilities, and meet the growing demand from data centres, HFCL recently introduced the 1728-high fiber count IBR cable during IMC 2023.
Source: Indiatimes
HFCL
Optical Fiber Cables
BharatNet
BharatNet Project
Rural Broadband Connectivity
1728-High Fiber Count IBR Cable
IMC 2023
5G Network Infrastructure
Related Stories
Electrical & Electronics
The Cable & Wire Fair is a catalyst for growth: Priyank Jain
In this interview, Priyank Jain, CEO of Tulip 3P Media, elaborates on the evolution of Cable & Wire Fair (from a humble beginning to India’s flagship wire, cable & allied industry expo) and its in..
Read moreAerospace Defence
HFCL to supply critical drone sub-systems for General Atomics ASI
HFCL is focusing on developing drone detection radar, a vital component of modern drone surveillance systems.
Read moreElectrical & Electronics
HFCL secures Rs 67 cr order for optical fiber cables, also expands capacities
Scheduled for completion by April 2024, the order entails HFCL delivering various types of optical fiber cables tailored to meet the customer's specifications.
Read moreRelated Products
Ultra-slim Humidity/temperature Indicator With Large 4” Display
ELECTRICAL & ELECTRONIC EQUIPMENT
Countronics offers a wide range of ultra-slim humidity/temperature indicator with large 4” display – Model 7100-4W.
Read more
Integrated Electric Gripper S Series
ELECTRICAL & ELECTRONIC EQUIPMENT
IBK Engineers Pvt Ltd offers a wide range of integrated electric gripper S series.
Geared Electric Motors
ELECTRICAL & ELECTRONIC EQUIPMENT
Delco Fans Pvt Ltd offers single phase capacitor run and three
phase geared Instrument motors, totally enclosed face/foot mounted.
latest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
