Finolex Cables Limited sees huge opportunity in emerging data centre hub in Vizag

Finolex Cables Limited’s President (Sales & Marketing) Amit Mathur addressing the media in Vijayawada on Wednesday. | Photo Credit: K.V.S. Giri

On the back of robust demand for its diversified products, Finolex Cables Limited (FCL) is hopeful of increasing its turnover in Andhra Pradesh from nearly ₹300 crore the previous year to ₹450 crore - ₹500 crore in FY 2026-27.

Of the ₹6,300 crore turnover in 2025-26, South India’s share was roughly ₹2,300 crore. The share of Andhra Pradesh and Telangana in it was 26%, company President (Sales and Marketing) Amit Mathur said, while noting that the emergence of a data centre hub in Visakhapatnam district offered a huge opportunity.

Addressing the mediapersons here on Wednesday, Mr. Mathur said FCL could supply LAN and power cables to the data centres, and a team was working on tapping into the burgeoning global demand for subsea cables required by them.