HFCL TO SET UP DATA CENTRE CONNECTIVITY PRODUCTS FACTORY WITH AN INVESTMENT OF Rs 215 CRORE

Domestic telecom gear maker

will be setting up a data centre connectivity products manufacturing facility with an investment of Rs 215 crore. The facility will manufacture advanced data centre connectivity products, including Miniature Multi-Fiber (MMC) and Super High-Density Multi-Fiber Termination (SNMT) assemblies, which are widely used in high-speed data centre and AI infrastructure. The proposed facility is expected to be commissioned by September 2027. Having a market cap of Rs 31,691 crore, the company has reported strong Q1FY27 results. It has achieved sales of Rs 1,915 crore during the quarter, up by 120% from the previous quarter. Moreover, the company has reported it's highest ever operating margin of 22% this quarter, thereby showing that it is able to control it's expenses and increase margins.