INDIAN OPTICAL FIBRE CABLE MANUFACTURERS
Railways: Why Kavach, which could've prevented Kanchanjunga accident, is taking so long to be installed
Kavach: The basic reason why the installation of this technology is taking time is because deploying it is a complex process, particularly because it has to be installed on existing networks without disrupting train schedules.
EU proposes anti-dumping duty on Indian optical fibre cable manufacturers
The European Commission has proposed a 8-11.4% anti-dumping duty on Indian optical fibre cable (OFC) manufacturers exporting to Europe. Sterlite Technologies, Birla Cables, Universal Cables, Vindhya Telelinks, and others are among the companies facing this duty.
GX Group to make telecom gear in India for the world
GX Group plans to establish a new Rs 100-crore manufacturing facility in India to export FTTH equipment globally, supporting the Atmanirbhar Bharat initiative. This will be their second plant, following a 2021 Haryana unit. The new facility will produce Wi-Fi routers and GPON equipment for Indian and international markets, including Europe and Africa.
China enhances military support to Pakistan along LoC in Kashmir
This move is seen as part of efforts to strengthen China's ties with Pakistan and safeguard Chinese investments in Pakistan-occupied Kashmir, particularly related to the China-Pakistan Economic Corridor (CPEC).
Optic fiber cable component maker Runaya aims to grow rev to Rs 500 cr over next 3-4 years
The transition to 5G and the associated infrastructure upgrades are driving this demand, with the global market for fiber optic cables expected to grow from $9.2 billion in 2021 to over $12 billion by 2024, representing a compound annual growth rate (CAGR) of 10%, according to estimates by the company.
India must loosen the cords tying it too tightly to the pervasive influence of global Big Tech
India aims for self-sufficiency through autarky and atmanirbhar initiatives, focusing on nurturing the 13 markers of 'Viksit Bharat' for a fully digitised economy and sustained growth in various sectors.
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Railways stocks: Stay bullish, just hedge a bit to avoid mistake of selling in haste: 7 outperforming railways stocks across different segments
Even the best of the rational brain can make wrong decisions when there is too much noise which gets created due to a narrative. Now for the last few days a narrative has been created that due to polls, FPI are selling. These kinds of narratives tend to hit the sector and stocks which are sitting with big gains and are dependent on government policy push. Railways was among the last sectors to get re-rated due to the policy focus. Whether it was companies which are financing the expansion of railways or private sector companies which are making coaches, all of them have done extremely well. Given the fact the railways is likely to be the focus area, the long term story remains intact. Only thing is that one might end up selling the long term winner early because of the narrative. Rather than getting jittery, it would be better to create a hedge and stay with the stocks where there has been a big change in the fundamental ways things operate and the sector has a long runway.
India must close gap with China on fibre deployment: Sterlite Tech exec
"If you look at China, they are deploying 240 million kms per year, which is nearly 12 times that of India with a population of comparable size. In Europe and the US, 8Gbps speed is becoming a norm," Sterlite Technologies (STL) managing director Ankit Agarwal said.
Exicom IPO could offer a good long-term play on EV growth
Exicom has a market share of 60% in residential EV charging and 25% in public charging space. The IPO will make it one of the few listed companies in the growing EV ecosystem.
HFCL announces optical fibre cable plant in Poland at initial outlay of up to Rs 144 cr
HFCL is expanding into Europe by setting up an optical fibre cable manufacturing plant in Poland. The move is part of the company's global expansion strategy to meet the growing demand for optical fibre cables (OFC) in European markets. The manufacturing facility in Poland will have an initial capacity of 3.25 million fibre km (fkm) and can be scaled up to 7 million fkm.
Finolex Cables to more than double optic fibre cable capacity for Rs 580 cr investment
Finolex Cables has an existing capacity of 4 million fibre km per year which will touch 10 million fibre km per year after the commissioning of the new plant. The new plant will be solely catering to fibre optic cables, the company said in a statement.
Runaya is out to curb India’s import dependency in metal sector
Mumbai-based Runaya Group is pioneering sustainable metal recovery in many segments. Naivedya Agarwal, Co-founder & CEO, asserts that the group is blending technology and sustainability to drive change in the sector.
HFCL Ltd bags order worth Rs 67 cr for supplying OFCs
HFCL Limited has procured a Rs 67 crore order for Optical Fiber Cables (OFC) from a leading domestic telecom service provider in India. The order, to be executed by April 2024, requires HFCL to supply multiple types of cables as per customer specifications. The demand for OFCs is growing due to India's digitization drive and the recent Cabinet approval for rural broadband connectivity.
The underwater cables remain the king for internet traffic
Rights laws and maintenance can keep critical underwater cables — and the internet — shipshape. There is a shift incontent providers preferring owning over leasing to cater to spikes in demand, and exercise more control over the infrastructure
Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 38%
As broader market indices, sensex and nifty continue to form new highs some minor consolidation is happening in markets. During this period, some stocks have witnessed consistent improvement in their scores. The selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. earnings, fundamentals, relative valuation, risk and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Media bodies reject proposal for unified legal framework
There is no requirement for a separate comprehensive code to address the convergence between broadcasting and telecommunication services, Indian Broadcasting and Digital Foundation (IBDF), Internet and Mobile Association of India (IAMAI), Digital News Publishers Association (DNPA), Association of Radio Operators for India (AROI), and All India Digital Cable Federation (AIDCF) said in their submission.
View: 5G will make a big impact in India, but fibre optic cables will be the future-proof solution one day
During 2022, Europe saw more than $15 billion of deals to deploy fibre optic cables underground or on poles, driven mostly by independent private investment funds looking for a nice long-term return. The reason is longevity.
Telecom gear maker STL to set up US unit for optical cables
Currently, STL exports about 80% of its optic fibre cable and network products to global markets, including the US and Europe. STL’s market share in US is 14% and in Europe it’s more than 20%.
Local companies spar over plan to impose anti-dumping duty on optic fibre
Some Indian optic fibre cable manufacturers, such as HFCL, and industry body Telecom Equipment and Services Export Promotion Council (TEPC) said anti-dumping duty on the single-mode fibre that they use to produce optic fibre cable would escalate costs, making a "handful of large players" rake in profits.
India initiates anti-dumping probe against imports of optical fibre from China, Indonesia, Korea
The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of 'Dispersion Unshifted Single-mode Optical Fibre' originating in or exported from these three nations.
STL claims patent infringement, HFCL to take legal recourse as court bars manufacturing, sales of multitube cable
On Wednesday, the court-appointed commissioners physically visited HFCL premises to verify the extent of the alleged infringement and for appropriate action, and according to STL, the officials have taken samples of the controversial optical fibre cables for its submission before the court.
DoT frames rules for overhead fiber laying
The amendment prescribes a one-time compensation of Rs 1,000 per kilometre for laying overhead OFC which will lead to a uniform levy/fee charged by the local authorities. The RoW Rules until now covered only underground OFC and mobile towers.
HFCL Q4 results: Posts net profit of Rs 86.50 crore; company firms up 5G plans
Delhi-based company posted a net profit of Rs 86.47-crore for the quarter ended March 31, 2021, a 1.6% increase over the previous quarter's Rs 85.11 crores. HFCL's total income stood at Rs 1,391.40-crore in Q4, 2020-21 over Rs 1,277.40-crore in Q3 FY 2020-21.
Telecom gear makers seek inclusion of locally available tech for KLI undersea fibre link project
Domestic telecom gear makers have approached the Department of Telecommunications (DoT) to include technologies available with indigenous players for the Rs 1,072-crore Kochi-Lakshadweep Islands (KLI) submarine cable connectivity project.
Government allocates Rs 14,200 crore for telecom infra roll out in 2021-22
The government had approved Rs 24,664 crore for an advanced communications network for defence services in lieu of their vacating spectrum for mobile telephony in May 2018. The project was to be completed within 24 months.
HFCL to put ₹125 cr into R&D to bag civilian and defence market share
“The outlook for 2020-21 is very positive and our focus is on expanding revenue from our own designed products,” Mahendra Nahata, managing director of HFCL, told ET.
HFCL Q3 results: Net profit jumps 87% to Rs 85 cr; firm says biz outlook optimistic
The net profit in the corresponding period previous year stood at Rs 45.58 crore, according to a regulatory filing.
Sterlite Technologies plans ₹300-cr optic fibre cable capacity expansion
Reliance Jio, Bharti Airtel and Vodafone Idea are aggressively deploying their fibre based networks following the massive surge in data consumption, fibre-to-the-home (FTTH) focus, and upcoming 5G networks.
Optic-fibre cable companies seek benefits under incentives scheme
The fibre-based network is the backbone for futuristic technologies such as 5G, and India has the potential to become the fibre capital of the world with the launching of the PLI, they said.
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