HFCL Approves ₹580 Crore Preform Manufacturing Facility

HFCL's Board approved setting up a Preform Manufacturing Facility via wholly owned subsidiary HFCL Technologies Private Limited for backward integration into OFC business.
The proposed facility will add ~300–310 MT per annum of preform capacity at an estimated capex of ~₹580 crore, to be completed by July 2029.
Financing will be through internal accruals, debt, and/or a proposed preferential issue; OFC capacity has already scaled from 14 mn fkm to 28 mn fkm, targeted at 33.90 mn fkm.
The investment aims to reduce import dependence, improve supply chain resilience, and enhance margins through backward integration into the critical raw material for optical fiber.