Dutch firm GX Group announces ₹500-crore photonics investment in India

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 GX radical  website.

GX Group, which has an R&D (research and development) centre successful Chennai, volition signifier a subsidiary named GX Quantum Photonics successful Manesar, Haryana to transmission this investment. Photo: GX radical website.

The Netherlands-headquartered GX Group announced connected Friday (October 24, 2025) that it would put ₹500 crore into photonics module improvement and manufacturing successful India, backed by Invest International, a Dutch state-owned financing body, and SMART Photonics BV, different Dutch firm. Photonics are a cardinal portion of telecom networks and information centres, assisting the interface betwixt computers and the fibre optic cables that carries data. Most photonics modules successful India are imported.

GX Group, which has an R&D (research and development) centre successful Chennai, volition signifier a subsidiary named GX Quantum Photonics successful Manesar, Haryana to transmission this concern toward its existing installation successful Tamil Nadu and a manufacturing portion successful Rajasthan’s Bhiwadi.

The optical transceiver market, portion of the photonics market, is expected to turn multi-fold by 2035; according to an estimation cited by the GX Group, the marketplace is acceptable to much than treble from $20 cardinal to $50 cardinal by 2030.

“This inaugural straight supports the Government of India’s ‘Atmanirbhar Bharat’ imaginativeness and aligns with Semicon India, Quantum Mission, and the National Policy connected Electronics (NPE 2019) — aimed astatine positioning India arsenic a planetary hub for Electronics System Design and Manufacturing (ESDM),” GX Group said successful a statement.

The products manufactured volition beryllium scaled for serving planetary clients, the institution said. “This marks a strategical displacement — from importing optical exertion to exporting innovation,” GX Group Chief Executive Officer (CEO) Paritosh Prajapati said successful a statement. The institution presently employs 250 radical successful India, and says it volition employment 300 much arsenic a effect of this investment, billed arsenic the archetypal signifier successful a bid of rounds.

Published - October 24, 2025 07:22 p.m. IST

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