In a significant development, Himachal Futuristic Communications Limited (HFCL) has started the manufacturing of fiber-to-the-home (FTTH) cable at its new facility at Hyderabad. With the commencement of this production centre, HFCL – together with its subsidiary company, HTL Limited – has become the largest manufacturer of FTTH cables in India with a capacity of 6 lakh kms per annum.
The company had earlier invested Rs 260 Crore in Hyderabad plant for the manufacturing of optical fiber that was commissioned in January, 2020. This new state-of-the-art, automated high-speed FTTH cable Facility has come up with a fresh outlay of Rs 40 Crore to ensure high throughput, economies of scale and highest quality standards. By now, Rs 300 Crores has been invested in the Hyderabad Facility as a part of the company’s overall expansion roadmap.
“Our latest Facility in Hyderabad makes HFCL the largest FTTH player in the country. India is seeing buoyant FTTH activity driven by private telcos and government’s thrust on rural network deployment. Expanding FTTH rollouts will not only boost our country’s 4G connectivity, but it will also enhance our readiness for 5G. The momentum in penetration of high-speed internet, increasing investment in digital networks, and the growing demand for affordable access, makes us excited to serve the next generation communication needs of customers in India and across the globe”, said Mahendra Nahata, Managing Director, HFCL.
The FTTH cable plant has backward integration for supplies of major raw materials like optical fiber and ARP rods from the company’s existing manufacturing facilities – further strengthening the supply chain. Also, HFCL will be exporting them to more than 30 countries, where the company already runs its operations. The Company will be marketing the FTTH cables under its brand name of HFCL. The company’s R&D facilities are developing different variants of new cables, which will also be manufactured from the newly set-up facility at Hyderabad.