Finolex communication cables set to ride data centre, AI wave

The explosion of data centres and AI in the US and Europe has consumed all available fibre supply. Most capacities in China and Japan are blocked. The wars in Russia and the Middle East have led to a surge in demand from the defence sector. A similar scenario is expected in the Indian market as data centres are getting built out. Fibre prices in the Indian market have already gone up five to six times in the last year.