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).

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.