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HFCL board approves ₹820 crore capex boost, raising total fibre expansion spend to ₹1,800 crore

HFCL’s board has added ₹820 crore to its fibre‑related spending, bringing total planned investment for optical fibre, cable and preform manufacturing to roughly ₹1,800 crore.

HFCL’s board approved an additional ₹820 crore in capital expenditure earmarked for the production of optical fibre, optical fibre cable and preforms.

The infusion lifts the company’s total planned capex for these fibre‑related expansions to about ₹1,800 crore, signalling a sizable scaling of its manufacturing capacity.

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Why This Matters

The heightened investment underscores HFCL’s commitment to expanding India’s optical fibre supply chain, a critical component for telecom operators upgrading networks. By scaling production, HFCL can potentially lower fibre costs, accelerate broadband rollout, and strengthen its position in a market where demand for high‑speed connectivity continues to rise.

Reporting based on verified dispatches from Moneycontrol. View primary release ↗
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