HFCL Limited is an Indian technology company, based in Gurugram. It designs, develops, manufactures telecommunications equipment, fibre-optic cables and other related electronics.[6][7]
Formerly | Himachal Futuristic Communications Limited |
---|---|
Company type | Public |
NSE: HFCL BSE: 500183 | |
Industry | Telecommunications |
Founded | 1987 |
Headquarters | Gurugram, Haryana, India |
Key people | Mahendra Pratap Shukla (Chairman) Mahendra Nahata (MD)[1] |
Products | Telecommunications equipment Fiber-optic cable Electronic Parts[2] |
Revenue | ₹4,743 crore (US$590 million)[3] (2023) |
Number of employees | 1,719 [4] |
Subsidiaries | HTL Limited [5] EXICOM |
Website | hfcl.com |
The company is listed on both the Bombay Stock Exchange (BSE)[8] and on the National Stock Exchange (NSE).[9] It serves various industries, such as telecommunications, security and railways, textiles, Cable fibre.[10]
In 1987, Himachal Futuristic Communications Limited was co-founded by Mahendra Nahata, Dr.Deepak Malhotra and Vinay Maloo and was one of the first private sector telecom companies in India. In May 1987, the company was incorporated as public limited company in the state of Himachal Pradesh.[11]
The company set up manufacturing facilities in India for optical fibre cables, optical transport, power electronics and broadband equipment for global supply, and provided turnkey solutions to the Government of India's undertakings and private sector players across the world.[citation needed]. It has ties with C-DOT, C-DOT has agreed to transfer it's technology to HFCL.[12]
Ever since its inception, the company has entered various streams of hardware integration in telecommunications.[citation needed]
In 1995, company's ₹85,000 crore ($25 billion) bid for basic services license in India created the momentum for telecom industry in the country.[13]
In 2000, Australian businessman Kerry Packer known for his contribution to the sport of cricket, invested in the company and took 10% stake.[14]
CPH and HFCL set up two joint venture firms, one for software products and services and other for B2B e-commerce.[14]
HFCL together with its subsidiary HTL Limited, is one of the largest manufacturers of FTTH cables in India with a capacity of 6 lakh kms per annum.[5]
With the new FTTH plant, HFCL has become the largest optical fibre manufacturer in the country.[15]
In 2018, HFCL launched its optical fibre manufacturing unit in Hyderabad.[16] The company is one of the largest telecom project service providers for Reliance Jio and is currently engaged in the rolling out of 4G optical fibre cables (OFC) network services across Northern India.[17]
HFCL provides services across India with its headquarters in Gurugram and Delhi. It has countrywide offices that includes production plants in Solan (Himachal Pradesh), Chennai (Tamil Nadu) and Goa. The company's regional offices are located in Indian states of Punjab, Rajasthan, Uttar Pradesh, West Bengal, Orissa, Madhya Pradesh, Maharashtra, Andhra Pradesh, Bihar, Kerala, Jharkhand and Uttarakhand.[18]
{{cite web}}
: |last=
has generic name (help)