We are confident of progress from government’s ‘Make In India’ vision, specially in Defence segment,”” Nahata mentioned. “Himachal Futuristic Communication Ltd , producer of optical fibres and telecom equipment mentioned it might start commercial production of optical fibre from its Chennai plant from November 15 onwards. “In order to increase the capacity for manufacturing of optical fibre cables, the corporate is establishing manufacturing facility in Chennai, underneath our subsidiary known as HTL Ltd.

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“We have seen a rise in earnings due to value control and improved margins. Our optical fibre cables and turnkey projects have been the major contributors to our total progress,” HFCL Managing Director Mahendra Nahata stated in a statement. Telecom options supplier Himachal Futuristic Communications Ltd is all set to enter defence gear manufacturing enterprise as a part of its ‘Make in India’ initiative. Over the following three to five years, the corporate plans to invest about Rs 500 crore in augmenting present manufacturing strains for locally churning out specialised electronics gear for both the defence and railways sectors. The funds can be raised via a mix of internal accruals and debt.

At present, HFCL’s revenues come totally from the telecom gear business, but within the subsequent three years, Nahata expects as much “as forty per cent of annual income to stem from the brand new defence and railways verticals”. HFCL offers comprehensive solutions for building of wireless and optical telecommunication networks, similar to Optical Transport networks , Rural GSM networks, Broadband Access networks, Radio Backhaul, Fiber to the Home and In-Building options. High quality Fusion Splicers, OTDRs and Loss Testers, and related merchandise. Unique native service and leasing options, in addition to unique dealerships.

Besides home provides, HFCL exported telecom gears price Rs 32 crore to Europe and Middle East countries. “”We hope to export products , primarily OFC, value Rs 100 crore this 12 months. Last yr we expanded our OFC facility and now it is time to reap returns.

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