HFCL Signs $1.1 Billion Long-Term Optical Fiber Cable Supply Deal with Global Multinational
HFCL Limited announced that it has entered into a long-term 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 carries an estimated potential value of about USD 1.10 billion (approximately ₹10,159 crore) and will be executed over a multi-year period extending until December 2030, the company said.
Under the arrangement, HFCL will supply multi-million fibre-kilometre volumes of optical fiber cables annually, with purchase orders expected to be issued periodically based on project requirements and technical specifications.
The company said the deal marks a major milestone, as it represents the first long-term, multi-year OFC supply agreement of this scale in HFCL’s history.
According to the company, the partnership underscores its growing global competitiveness in the optical fibre industry and is expected to significantly strengthen its long-term growth outlook in the international telecom infrastructure market.
The agreement also reflects rising global demand for high-capacity optical fiber networks, driven by expanding 5G deployments, data centre connectivity, and broadband infrastructure upgrades across markets.