HFCL to invest Rs 950 crore in optical fibre production
Telecommunications equipment maker HFCL has plans to invest t Rs 950 crore to enhance optical fibre cable production capacity over a period of the next 2 years. The firm also announced the launch of its data centre solution portfolio, OptiQ AI, amidst the rise in data centre cable requirements.
Out of the total of Rs 950 crore, Rs 580 crore is allocated for preform, a cylindrical glass rod that is a basic raw material to manufacture optical fibres.
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