Source prnewswire
HFCL announces setting up of Optical Fibre Cable plant in Poland at FTTH Conference 2024
HFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider, has announced the setting up of a state-of-the-art optical fibre manufacturing plant in Poland at the FTTH Conference 2024 in Berlin, Europe's leading fibre optic summit. This strategic expansion underscores HFCL's commitment to address the increasing demand for optical fibre cable (OFC) in European markets and accelerate 5G and Fibre-to-the-Home (FTTH) adoption to align with Europe's vision of gigabit connectivity by 2028 This strategic expansion underscores HFCL's commitment to address the increasing demand for optical fibre cable (OFC) in European markets and accelerate 5G and Fibre-to-the-Home (FTTH) adoption to align with Europe's vision of gigabit connectivity by 2028The strategic move of setting up the manufacturing plant will help serve HFCL's existing and new customers by reducing transit time by approximately six weeks, thus leading to increased order fulfilment capacity. The decision is also aligned to safeguard from potential regulatory shifts, encourage localized manufacturing and enhancing competitiveness in the region. The establishment of the manufacturing facility in Poland will be facilitated through the incorporation of a new stepdown subsidiary in Poland under HFCL B., a wholly-owned subsidiary of the Company in the Netherlands, a wholly-owned subsidiary of the Company in the NetherlandsThe Company has state-of-the-art Optical Fibre and Optical Fibre Cable manufacturing plants in Hyderabad, an Optical Fibre Cable manufacturing plant in Goa and in its subsidiary HTL Limited in Chennai.HFCL is a partner of choice for its customers across India, Europe, Asia Pacific, the Middle East, Africa, and the USA. HFCL's commitment to quality and environmental sustainability inspires it to innovate solutions for the ever-evolving customer needs.Visit www.hfcl.com for more information.SOURCE HFCLHFCL Limited (HFCL), a leading technology enterprise and integrated next-gen communications product and solution provider, has announced the setting...
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