India’s Claron to commence operation of fibre optics cable manufacturing unit at Summit Technopolis in April 2020

January 26, 2020


Photo caption: Managing Director of Summit Technopolis Abu Reza Khan and Managing Director & CEO of Claron Fibreoptics Niranjan Sharma signed a land lease agreement for setting up optical fibre cable manufacturing unit in the 1.02 acre land at Summit Technopolis in Bangabandu Hi-Tech City, Kaliakoir, Gazipur. Vice-Chairman of Summit Group Md Farid Khan was present at the event along with senior officials held on 24th January 2020 at Kurmitola Golf Club (KGC).

(Dhaka) 28th  January 2020, Tuesday:

Under this agreement, Summit Technopolis, a subsidiary of Summit Group will provide related infrastructural support to Claron Fibreoptics for an outlay of about USD 3 million investment. This manufacturing facility will produce optical fibres mainly used for telecommunication and Internet Service Provider (ISP) industries. The plant is likely to commence operation from April 2020.

Claron Fibreoptics, Headquarter in Mumbai, is a pioneer optical fiber cable manufacturer in India and a preferred supplier to leading telecom players like Vodafone. The company manufactures all kinds of Optical Fiber Cables for telecommunication and ISP industries.

About Summit Technopolis Limited:

Summit Technopolis Limited, a Public Private Partnership (PPP), is the concessionaire for developing infrastructure for hi-tech industry comprising of Information Technology (IT), Information Technology Enabled Services (ITeS), bio-tech, non-polluting manufacturing assembly lines and precision engineering companies, in the 91 acres area in Bangabandhu Hi-Tech City, Kaliakoir, Gazipur. Summit Technopolis leased under the provision to design, build, finance, own, operate and transfer to the government on completion of 60 years lease period. For further information, please visit: www.summittechnopolis.com

For further enquiries:

Mohsena Hassan | E: mohsena.hassan@summit-centre.com | M: +88 0171 308 1905