HFCL plans ₹1,800 crore capex for production boost
HFCL announced a capital expenditure of ₹1,800 crore to enhance production capacity, including 46 lakh fibre Kms for optical fibre. This strategic move aims to boost its market position in the telecom sector.
after close1 source ↓written by the desknot a recommendation
- for optical fibre
- 46 lakh fibre Kms
- for optical fibre
- 56.4 lakh fibre Kms
- for preform
- 300 MT
HFCL has approved a capital expenditure of ₹1,800 crore to enhance its production capacity. This includes an increase of 46 lakh fibre Kms for optical fibre, 56.4 lakh fibre Kms for optical fibre cable, and 300 MT for preform. Funding will come from internal accruals and borrowings.
This expansion aims to strengthen HFCL's position in the telecom sector, potentially increasing market share and production efficiency.
Not investment advice. For informational purposes only.