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HFCL to build Rs 260-cr optical fibre plant in Telangana

Press Trust of India  |  Hyderabad 

Himachal Futuristic Communications Limited (HFCL) would set up a Rs 260-crore plant to manufacture at in Ranga Reddy district of Telangana.

The company manufactures cables at its plant and at Chennai through its subsidiary

In order to reduce the input cost and overcome the 'worldwide shortage' of fibre supply, the Telangana facility, for which the foundation stone was laid today, is being set up as a backward integration of cable manufacturing, the company said in a statement.

The facility is expected to produce 6.4 million fibre kilometres per annum.

The project cost is estimated to be Rs 260 crore and it will commence production from April next year.

This will produce optical fibres mainly used for telecommunication (4G/5G) and various networks for & FTTx in and abroad, it added.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, March 12 2018. 17:35 IST