HFCL Limited has planned an investment of approximately INR 144 crore for setting up an optical fibre manufacturing facility in Poland underscoring the company’s global expansion strategy. The OFC manufacturing plant is scheduled to begin with a capacity of 3.25 million fkm and scalable up to 7 million fkm.

Feb 22, 2024

HFCL Limited has recently unveiled its strategic plans to expand its presence in Europe by setting up a state-of-the-art OFC manufacturing plant in Poland. This underscores the company’s global expansion strategy aimed to cater to the rising demand for OFC in European markets such as Germany, the UK, France, Belgium, Poland, etc. HFCL aims to increase the exports in the OFC vertical from 30 percent to 70 percent within the next 4-5 years to capture the booming market and establish itself as a leader in the OFC domain.

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The company has planned an investment of INR 144 crore for the upcoming plant in Poland. The state-of-the-art OFC manufacturing plant is scheduled to begin with a capacity of 3.25 million fkm and scalable up to 7 million fkm. The move is expected to enhance HFCL’s agility as well as reduce the transit times by approximately six weeks, thereby increasing the order fulfillment capacity. HFCL will set up a new step-down subsidiary named, HFCL B.V, a wholly-owned subsidiary of the company in the Netherlands to facilitate the establishment of the manufacturing facility.

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Mr. Mahendra Nahata, Managing Director, HFCL, said, “Our decision to set up a manufacturing unit in Poland underscores our commitment to meeting the evolving needs of our customers. With Europe expected to remain a key market for optical fiber cable led communication, our foray into Poland not only ensures unfettered access to this growing European market but also helps improve the agility and responsiveness in catering to increasing optical fiber cable demands of our customers. With this strategic expansion, we are poised to align with Europe’s vision, which anticipates gigabit connectivity as a cornerstone of its future. Our commitment to Europe’s digital future is based on the unique approach of superior quality, customised solutions and innovative solutions in the fastest turnaround time.”