Home Industry GX Group Announces ₹500 Crore Investment for Photonics Manufacturing in India
Industry

GX Group Announces ₹500 Crore Investment for Photonics Manufacturing in India

Share
Share

GX Group, a Dutch broadband and connectivity technology company, plans to invest ₹500 crore in India to manufacture photonics modules and chip systems for next-generation broadband, 5G, 6G, and quantum communications. The company has established GX Quantum Photonics Pvt. Ltd., a new subsidiary headquartered in Manesar, Gurgaon, in partnership with SMART Photonics BV of the Netherlands and Invest International.​

The Phase 1 investment will be used to build a manufacturing facility in Bhiwadi, Rajasthan, and expand the existing R&D center in Chennai. The new venture will produce Indium Phosphide (InP)-based photonic integrated circuits used in optical data transmission, LiDAR systems, and quantum devices. The facility is scheduled to begin operations by Q1 FY27, with local chip availability expected by October 2026.​

The project is expected to create over 300 direct jobs and aims to produce three million chips annually. GX Group’s existing customers in India include Airtel, ACT, and Tata Play, with the company targeting a $50 billion addressable market in photonics. The investment aligns with the government’s Make in India and semiconductor manufacturing initiatives.

Share
Written by
Raunak Yadav

Tech and AI enthusiast with a strong eye for clear and engaging content!

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Noise is hiring an Entrepreneur-in-Residence – NPD

Position: Entrepreneur-in-Residence – NPDCompany: NoiseLocation: Gurgaon HaryanaWork type: On-siteEmployment: Full-time Noise is...

Nothing is hiring a Manager – GTM

Position: Manager – GTMCompany: NothingLocation: Gurgaon HaryanaWork type: On-siteEmployment: Full-time Nothing is...

Bharti Enterprises and Warburg Pincus acquire 49% stake in Haier India

Bharti Enterprises, along with global private equity firm Warburg Pincus, has signed...

Nothing is hiring a Global Product Marketing Manager

Position: Global Product Marketing Manager – Smart Products (CMF)Company: NothingLocation: Gurgaon HaryanaWork...