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Optic fiber cable component maker Runaya aims to grow rev to Rs 500 cr over next 3-4 years

The transition to 5G and the associated infrastructure upgrades are driving this demand, with the global market for fiber optic cables expected to grow from $9.2 billion in 2021 to over $12 billion by 2024, representing a compound annual growth rate (CAGR) of 10%, according to estimates by the company.

Optic fiber cable component maker Runaya aims to grow rev to Rs500 cr over next 3-4 years, ET Telecom

Runaya: The transition to 5G and the associated infrastructure upgrades are driving this demand, with the global market for fiber optic cables expected to grow from $9.2 billion in 2021 to over $12 billion by 2024, representing a compound annual growth rate (CAGR) of 10%, according to estimates by the company.

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