HFCL secures ₹10,159 crore OFC supply agreement with global multinational

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HT Bureau

GUWAHATI, March 13: HFCL Limited, a leading Indian telecom technology company specialising in next-generation technologies such as Wi-Fi, optical fibre and 5G, has secured a long-term international supply agreement for Optical Fiber Cables (OFC) with a global multinational corporation.

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According to the company, the total potential value of the contract is estimated at approximately USD 1.10 billion (around ₹10,159 crore), based on prevailing selling prices of OFC products.

The five-year agreement will be executed through the company’s overseas wholly owned subsidiary, with purchase orders to be issued periodically in accordance with project requirements and specifications.

The agreement marks the first instance in HFCL’s history of securing a long-term, multi-year OFC supply arrangement of this scale, further strengthening its presence in the global fibre connectivity market.

Under the agreement, HFCL will supply a minimum quantity of multi-million fibre kilometres of OFC annually from calendar year 2026 to 2028.

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The contract also provides for an automatic extension of an additional two years, taking the agreement through to 2030.

The arrangement additionally allows the subsidiary to supply OFC to authorised affiliates and assignees of the customer.

HFCL develops next-generation digital network solutions for telecom operators, enterprises and governments.

The company is supported by in-house research and development capabilities, global system integration expertise and optical fibre and cable manufacturing facilities across India. The latest agreement is expected to further strengthen HFCL’s position in the global OFC market while supporting its long-term growth outlook amid rising demand for high-capacity fibre infrastructure worldwide.

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