HFCL Targets Rs 10k-Cr Revenue
HFCL Targets Rs 10k-Cr Revenue
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New Delhi: Domestic telecom gear maker HFCL is betting big on growth from overseas sales and uptake of defence supplies as the company looks to become a Rs10,000-crore revenue enterprise, a top company official said.
Mahendra Nahata Managing Director HFCL during the company’s recent investor call said the firm had an order book of Rs10,000 crore as on December 31, 2024. “We are increasing our presence by appointing our own employees, distributors, and dealers in key global markets.
Our goal is to achieve a substantial rise in export revenue from our optic fibre segment, with a significant portion of revenue coming from international markets in the coming years. Additionally, we aim for a considerable share of our telecom segment revenue to be export-driven,” Nahata said.