HFCL bags Rs 10,159 crore global deal to supply optical fibre cables over five years

Homegrown telecom equipment maker HFCL has secured a major international contract worth around Rs 10,159 crore, marking one of the largest deals in the company’s history for the supply of optical fibre cables (OFC).

In a regulatory filing on Friday, the company said it has entered into a five-year supply agreement with a global multinational corporation, with deliveries scheduled between 2026 and December 2030. The contract will be executed through HFCL’s overseas wholly owned subsidiary.

Also Read: Govt approves 104 projects worth Rs 271 crore for 6G tech research: Mos Telecom


"The company has entered into a five-year supply agreement with a customer for the supply of high-quality, high-fibre-count optical fiber cables, through its overseas wholly owned subsidiary. The total potential value of the contract over its tenure is estimated at around USD 1.10 billion equivalent to about Rs 10,159 crore based on prevailing selling prices of OFC products being supplied," the filing said.

HFCL did not disclose the identity of the customer.

The company described the agreement as a landmark development, highlighting that it is the first time HFCL has signed a long-term, multi-year OFC supply arrangement of this scale.

"This agreement marks a significant milestone, being the first instance in the company's history of entering into a long-term, multi-year OFC supply arrangement of this nature," the filing said.

Also Read: CAG's BSNL loss estimate from RJIL deal misinterpreted; rectified now: MoS Telecom

Under the contract, HFCL will manufacture and supply high-fibre-count optical fibre cables tailored to the customer’s specifications, a segment that requires advanced technological capabilities and large-scale manufacturing precision.

"Given that only a limited number of manufacturers globally possess the requisite technology depth, manufacturing precision, and scale required for such complex OFC products, this engagement materially strengthens the company's competitive positioning and reinforces its long-term growth outlook in the global OFC market," the filing said.

The deal is expected to further strengthen HFCL’s presence in the global optical fibre cable market, where demand is rising rapidly due to expanding 5G networks, data centres, and digital infrastructure worldwide.