HFCL
Indian telecommunications products manufacturer From Wikipedia, the free encyclopedia
HFCL Limited is an Indian technology company which designs, develops, manufactures telecommunications equipment, fibre-optic cables and other related electronics.[6][7]
HFCL Optical Fibre Plant in Hyderabad | |
| 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$550 million)[3] (2023) |
Number of employees | 1,719 [4] |
| Subsidiaries | HTL Limited [5] EXICOM |
| Website | hfcl.com |
The company is based in Gurugram and listed on both the Bombay Stock Exchange (BSE)[8] and the National Stock Exchange (NSE).[9] It serves various industries, such as telecommunications, security and railways, textiles, Cable fibre.[10]
History
In 1987, Himachal Futuristic Communications Limited was co-founded by Mahendra Nahata, Deepak Malhotra and Vinay Maloo. 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, 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 its technology to HFCL.[12]
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][5]
In 2018, HFCL launched its optical fibre manufacturing unit in Hyderabad.[15][16]
Operations
HFCL has its headquarters in Gurugram and 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.[17]
Subsidiaries
- HFCL Advance Systems
- Moneta Finance Ltd
- HTL Limited
- DragonWave HFCL Ltd.
- Microwave Communications
- Polixel Security Systems
See also
References
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