The optical fiber is a scarce resource today in India and across the world. In itself requires thirty five million fiber kilometer per annum as of the financial year 2018. The demand for the optical fiber has increased rapidly in the last few years citing the growth of BharatNet projects, Smart-city projects and other telecom related 4G & 5G projects. The initial capacity of approximately six and half million fiber kilometer per annum would increase to approximately fifteen million fiber kilometer per annum over a period of time. The company in itself requires twelve million fiber kilometer per annum of optical fiber for its cable manufacturing. Once the captive utilization capacity is met, HFCL plans to sell the optical fiber to other companies working in the same space.
With the investment of INR 250 crore, the company proposes to employ one thousand people directly or indirectly. Moreover, with this facility and the output, it plans to serve the state led project of T-Fiber and expects the ancillaries to come to Telangana and help the state’s vision of creating a related industrial eco-system in Hyderabad and neighbouring industrial localities. With the inauguration of this optical fiber manufacturing facility, the state of Telangana is a step closer to bridge the gap of the demand and supply in the Indian optical fiber market space and boost the related ecosystem.