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The Economic Times
The Economic Times

HFCL to invest Rs 950 crore in optical fibre cable production in next 2 years: MD

HFCL Mahendra Nahata United States

Hyderabad: Telecom gear maker HFCL plans to invest Rs 950 crore to enhance optical fibre cable production capacity over a period of next two years, a top official of the company said on Wednesday.

While announcing the launch of the HFCL's data centre solution portfolio, OptiQ AI, its managing director Mahendra Nahata said that there is a huge demand for optical fibre cables in the data centre segment, especially in the US, which is driving growth for the industry.

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