HFCL B.V., a wholly owned subsidiary of HFCL in the Netherlands, has incorporated a wholly owned subsidiary company namely HFCL UK in the UK. Consequently, HFCL UK has also become a step-down wholly owned subsidiary of the company. HFCL UK has been incorporated inter-alia to carry on the business of manufacturing and trading of Optical Fiber, Optical Fiber Cables, Telecom and Networking Products and other allied activities.
Incorporating a company in the UK will enable the company to cater to the global demand for its products and expand its business operations overseas. This move aligns with the company's strategy to increase revenue from export markets, augmenting its presence and fostering growth opportunities.
HFCL is a leading telecom infrastructure developer, system integrator and manufacturer of high-end telecom equipment and optical fibre cables, having its own manufacturing facilities at Solan and Goa, and its subsidiary i.e. HTL facilities in Chennai and Hosur.
