Business Update11 Jul 2025, 05:41 pm
HFCL Ltd. to Expand IBR Cable Manufacturing Capacity by 17.28 mfkm/p.a. with INR 125.55 Crores Investment
AI Summary
HFCL Ltd. has announced the expansion of its Intermittent Bonded Ribbon (IBR) cable manufacturing capacity from ~1.73 million fiber kilometres per annum (mfkm/p.a.) to ~19.01 mfkm/p.a. at its existing facilities in Hyderabad and Goa. The expansion, which requires a total capital outlay of approximately INR 125.55 Crores, is aimed at meeting the rising global demand, particularly from North America and Europe. The company already has orders in hand, underscoring the market's confidence in its capabilities. This expansion strategically positions HFCL as a key player in this specialized and high growth segment.
Key Highlights
- HFCL to expand IBR cable manufacturing capacity from ~1.73 mfkm/p.a. to ~19.01 mfkm/p.a.
- Total capital outlay of approximately INR 125.55 Crores for the expansion.
- Expansion aimed at meeting rising global demand, particularly from North America and Europe.
- Company has orders in hand, indicating market confidence in its capabilities.
- Expansion strategically positions HFCL as a key player in the high growth IBR cable segment.