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Telecom gear maker HFCL has secured a massive ₹10,159 crore contract from a global multinational to supply Optical Fibre Cables (OFC) over the next five years (2026–2030). The stock gained % on the back of the news.
Note: this is the largest long-term supply deal in HFCL’s history
High-fibre-count optical cables are thick internet cables that carry huge amounts of data at very high speed, used to power broadband networks, 5G towers, and data centres.
About the order: HFCL will manufacture and supply high-fibre-count optical cables through its overseas subsidiary, built to the client’s technical specifications.
Once HFCL supplies these cables, they are typically laid underground or installed across telecom networks by telecom operators and infrastructure companies.
Deeper play: India has built significant capacity in optical fibre cable manufacturing and is now emerging as a global supplier.
The country has an estimated annual production capacity of around 35–40 million fibre kilometres, while domestic demand is roughly 25–30 million fibre kilometres per year, driven by the rollout of 5G networks, BharatNet rural broadband projects, and data centre expansion.
