HFCL Bags Five-Year Rs 10,159 Crore Optical Fibre Cable Supply Contract From Global Multinational

Indian telecom infrastructure company HFCL Limited has secured a landmark five-year supply agreement valued at approximately Rs 10,159 crore (USD 1. 10 billion) with a global multinational corporation for high-quality, high-fibre-count optical fibre cables.

The deal, announced today (13 March) in a regulatory filing, marks the largest long-term optical fibre cable contract in the company's history.

The agreement will be executed through HFCL's overseas wholly owned subsidiary and requires the company to supply a minimum quantity of multi-million fibre kilometres of optical fibre cables each calendar year from 2026 to 2028.

The contract includes an automatic extension for two additional calendar years, covering 2029 and 2030, with the entire agreement scheduled to run through December 2030.

Purchase orders will be issued periodically during the contract period based on project-specific and specification-based requirements.

HFCL did not disclose the identity of the customer in its filing.

The company confirmed the deal involves no related party transactions and that its promoter group has no interest in the awarding entity.

The international contract will enable HFCL's subsidiary to supply optical fibre cables to the customer's authorised affiliates and assignees as well.

The company's regulatory filing described the agreement as a significant milestone, being the first instance in HFCL's history of entering into a long-term, multi-year optical fibre cable supply arrangement of this nature and scale.

The deal is expected to strengthen HFCL's competitive positioning in the global optical fibre cable market, given that only a limited number of manufacturers worldwide possess the requisite technology depth, manufacturing precision and scale required for such complex high-fibre-count products.

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