Rs 10,480 Crore Order Book: Optical Fiber Company Receives Approval for 1,000-Acre Land Allotment in Andhra Pradesh for Defence Manufacturing Expansion

DSIJ Intelligence-2 / 12 Sep 2025/ Categories: Mindshare, Trending

Rs 10,480 Crore Order Book: Optical Fiber Company Receives Approval for 1,000-Acre Land Allotment in Andhra Pradesh for Defence Manufacturing Expansion

The stock is up by 6.44 per cent from its 52-week low of Rs 72.90 per share and has given multibagger returns of 330 per cent in 5 years.

HFCL Limited has announced that its proposal for a significant land allotment in Andhra Pradesh has been approved by the State Investment Promotion Board. This strategic move is set to further expand HFCL's presence in the defence sector.

The Industries and Commerce (Infra) Department of the Government of Andhra Pradesh formally informed HFCL today, September 11, 2025, via G.O. no. Ms. No.154 dated September 06, 2025, that the company's proposal for the allotment of 1,000 acres of land in Madakasira Mandal, Sri Sathya Sai District, has been approved.

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The primary purpose of this substantial land acquisition is to establish defence manufacturing facilities. The project will be executed in two phases:

  • Phase I: Andhra Pradesh Industrial Infrastructure Corporation Limited ("APIICL"), an industrial infrastructure agency of the Government of Andhra Pradesh, will initially allot 329 acres of land.
  • Phase II: An additional 671 acres of land will be allotted by APIICL.

The proposed facilities on this land are earmarked for the manufacturing of critical defence products, including Artillery Ammunition Shells, TNT filling, and Multi-Mode Hand Grenades (MMHG), among other defence-related items.

HFCL highlighted that this land allotment directly aligns with the company’s strategic growth objectives and will enable a significant expansion of its footprint in the rapidly growing Defence sector.

About the Company

HFCL is a leading technology provider specialising in building digital networks for telecom operators, businesses, and governments. With a strong foundation in fiber optics and decades of experience, HFCL offers sustainable, high-tech solutions, including 5G RAN and transport, Wi-Fi systems, and defence electronics. Its robust R&D centres in India and abroad continuously innovate cutting-edge products. Manufacturing facilities across India produce high-quality optical fiber, cables and telecom equipment, aligning with government initiatives like the PLI scheme. HFCL is a trusted partner for customers worldwide, committed to quality, sustainability, and meeting evolving network demands.

As of June 2025, the company’s order book stands at Rs 10,480 crore. The company has a market cap of over Rs 10,000 crore. The stock is up by 6.44 per cent from its 52-week low of Rs 72.90 per share and has given multibagger returns of 330 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.