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HFCL to enter defence equipment manufacturing business

22 Mar 2016 Evaluate

Himachal Futuristic Communications (HFCL) is all set to enter defence equipment manufacturing business as part of its ‘Make in India’ initiative. The company has already obtained industrial licences to manufacture a wide range of products for the defence sector such as electronic fuses, electro optical devices, communication equipment, including the permits to assembling electronic warfare systems, development and manufacturing of aircrafts and helicopters.

The company is also in talks with global OEMs for strategic tie-up to produce equipments to make India its global exporting hub for defence manufacturing and engineering. The company has won a sub-project to lay optical fibre cable for defence as part of the pan-India project - Network for Spectrum (NFS).

HFCL is engaged in the manufacturing of telecom equipments and provides turnkey services. The manufacturing facilities of the company are located in Solan, Himachal Pradesh (assembly line), and Salcete, Goa (optical fibre cables).

HFCL Share Price

91.30 -0.19 (-0.21%)
17-Apr-2026 10:04 View Price Chart
Peers
Company Name CMP
Vindhya Telelinks 1351.50
HFCL 91.30
Pace Digitek 174.95
Bondada Engineering 356.00
GTL Infrastructure 1.27
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