HFCL has entered into a five year 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 total potential value of the contract over its tenure is estimated at ~USD 1.10 billion (approximately USD One Billion One Hundred Million) equivalent to ~Rs 10,159 crore, based on prevailing selling prices of OFC products being supplied.
Homegrown telecom equipment maker HFCL has secured a major international contract worth around Rs 10,159 crore, marking one of the largest deals in the company’s history for the supply of optical fibre cables (OFC).
“The company has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count optical fiber cables, through its overseas wholly owned subsidiary. The total potential value of the contract over its tenure is estimated at around USD 1.10 billion equivalent to about Rs 10,159 crore based on prevailing selling prices of OFC products being supplied,” the filing said.
“This agreement marks a significant milestone, being the first instance in the company’s history of entering into a long-term, multi-year OFC supply arrangement of this nature,” the filing said.
Under the contract, HFCL will manufacture and supply high-fibre-count optical fibre cables tailored to the customer’s specifications, a segment that requires advanced technological capabilities and large-scale manufacturing precision.
“Given that only a limited number of manufacturers globally possess the requisite technology depth, manufacturing precision, and scale required for such complex OFC products, this engagement materially strengthens the company’s competitive positioning.
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