In line with the Company's strategy to diversify its optical fiber cable product portfolio, capture high-value market segments, and drive market expansion, the Board has approved the enhancement of Intermittent Bonded Ribbon (IBR) cable manufacturing capacity from ~1.73 million fiber kilometres per annum (mfkm/p.a.) to ~19.01 mfkm/p.a. at its existing facilities in Hyderabad and Goa with a total capital outlay of approximately ?125.55 Crores. This expansion is aimed at meeting rising global demand, particularly from North America and Europe. The Company already has orders in hand of IBR cables from large hyperscalers, underscoring the market's confidence in its capabilities. It strategically positions HFCL as a key player in this specialized and high growth segment.