Homegrown telecom equipment manufacturer HFCL is set to establish a cutting-edge Optical Fiber Cable (OFC) manufacturing plant in Poland with a Rs 144 crore investment. This move is a key milestone in the company’s global expansion strategy, focusing on meeting the rising demand for OFC in European markets like the UK, Germany, Belgium, France, and Poland. The new plant, operated through a subsidiary in Poland, aligns with HFCL’s goal of increasing the share of exports in its OFC vertical revenue from 30% to 70% within the next 4–5 years, with a strategic focus on Europe.