HFCL - New Launch

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launches “OptiQ AI” to unify its optical connectivity portfolio, targeting the rapidly growing AI-driven global data centre market. * ₹950 crore capex announced over the next two years to expand optical fiber cable (OFC) manufacturing capacity, with a strong focus on meeting rising demand from global data centres, particularly in the US. * The expansion is aimed at capitalising on the AI infrastructure boom, which is driving significant investments in high-speed optical connectivity. * HFCL’s FY26 order book reached a record ₹21,206 crore, supported by large multi-year contracts, including a $1.1 billion OFC deal, providing strong revenue visibility.