HFCL to embark on the journey of distribution network expansion with Ingram Micro

HFCL is all set to consolidate and further expand its presence & market share, through this alliance

HFCL Limited (HFCL), a leading telecom equipment manufacturer & technology provider, has announced the signing of a distribution agreement with Ingram Micro India Private Limited (Ingram Micro), which has a distribution network having a far-reaching presence in India and SAARC countries.  

HFCL has recently been accredited as a 'trusted source' from National Security Council Secretariat (NSCS). Being one of the largest suppliers of telecom equipment to the telecom service providers/internet service providers as well as the government sector in India, HFCL is all set to consolidate and further expand its presence & market share, through this alliance.  

Ingram Micro has an established network of 20K+ partners, 30+ offices, and 2,000 associates across the country, which will distribute HFCL's IO lines of products. The entire product portfolio of HFCL, which includes the latest generation Wi-Fi 5, Wi-Fi 6 access points, point-to-point, and point-to-multipoint unlicensed band radios, L2, L3 switches along with specialised antennas, have been designed, developed & manufactured in India keeping in view the global specifications i.e., Make in India for the world.  

The stock of HFCL is seen trading flat in today’s session. Meanwhile, the stock is up by over 2 per cent on a YTD basis.