HFCL Limited has entered into a five-year long-term supply agreement with a global multinational customer for the supply of high-quality, high-fibre-count Optical Fiber Cables (OFC) through its overseas wholly owned subsidiary.
The total potential value of the contract is estimated at approximately $1.10 billion (₹10,159 crore) over its tenure, making it one of the largest deals in the company’s history. The valuation is based on prevailing market prices of OFC products.
Under the agreement, HFCL will supply a minimum multi-million fiber kilometre (fkm) volume annually from calendar year 2026 to 2028, with an automatic extension for an additional two years through 2029 and 2030. Purchase orders will be released periodically, based on project-specific and technical requirements.
This agreement marks a major milestone for HFCL, being its first long-term, multi-year OFC supply contract of this scale.
The customer, identified as a global multinational corporation, has partnered with HFCL at a time when only a limited number of manufacturers worldwide possess the advanced technology, manufacturing precision, and scale required to produce such high-specification optical fiber cables.
The deal is expected to significantly strengthen HFCL’s global competitive positioning and enhance its long-term growth visibility in the fast-expanding optical fiber market, driven by rising demand for telecom infrastructure, data networks, and digital connectivity worldwide.
