HFCL has entered into a five year supply agreement with a global multinational corporation 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 over its tenure is estimated at
USD 1.10 billion (approximately USD One Billion One Hundred Million) equivalent to
Rs 10,159 crore, based on prevailing selling prices of OFC products being supplied.