The Himachal Futuristic Communications Limited (HFCL), a leading telecom infrastructure provider, is making an aggressive foray in the railway telecommunications network.
The company last week won two contracts to execute the telecommunication systems for the Mauritius Metro Express project and Dhaka Metro Mass Rapid Transit System.
HFCL won the contract despite a tough competition from Larsen & Toubro and other leading global players, including the Chinese. With this, HFCL will have an order book position of Rs 110 billion, which includes fibre, telecommunications and railway projects, one of the new areas of diversification for the group apart from defence and smart city