The global optic fiber cable market is thriving, especially in India, driven by data centers and 5G.

The global optic fiber cable (OFC) market is booming due to data center growth and 5G rollouts, with India poised for significant expansion. Avendus Capital estimates $2 billion in investments for data center fiber over the next decade. Deloitte projects fiber deployment in India will reach 4 million kilometers by 2024, growing 12-15% annually. OFC exports hit ₹39,600 crore in FY24, with nearly half sent to Europe. New companies are also investing in fiber networks to meet rising demand.

November 03, 2024
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