HFCL eyes Rs 450-crore revenue from homegrown Wi-Fi 6 portfolio, teams up with Qualcomm

NEW DELHI: Homegrown HFCL Limited and the US-based chipmaker Qualcomm Technologies have come together to bring out locally designed and developed Wi-Fi 6 products with the former aiming to achieve Rs 450 crore of annual revenue in the next three years with its Make in India for the world strategy in line with the Centre’s ambitious Atmanirbhar Bharat (self-reliant India) campaign.

“We are working with Qualcomm for the development of Wi-Fi 6 products which is next generation of Wi-Fi, and compatible and complementary to 5G networks,” Mahendra Nahata, managing director of HFCL Limited told ETTelecom, adding that the the company is eyeing to increase its Wi-Fi segment revenue upto threefold to Rs 450 crore in next three years.