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GX Group's Rs 500 Crore Bet: Making India a Global Photonics Hub

GX Group from the Netherlands is making a major move into India's technology sector. They're investing Rs 500 crore to establish the country's first photonics chip manufacturing facility. This initiative will create over 300 skilled jobs and support cutting-edge technologies like 5G/6G and quantum communications. The project aligns perfectly with India's vision of becoming self-reliant in advanced electronics manufacturing.

Key Points: GX Group Invests Rs 500 Crore in India Photonics Chip Manufacturing

  • Initial Rs 500 crore investment establishes India's first photonics chip development hub
  • Supports next-generation broadband, 5G/6G, and quantum communication technologies
  • Project expected to generate over 300 skilled manufacturing jobs in India
  • Strategic collaboration with Netherlands' Invest International and SMART Photonics BV
2 min read

Netherlands-based GX Group announces Rs 500 crore investment to make photonics chips in India

Netherlands-based GX Group launches India's first photonics chip manufacturing hub with Rs 500 crore investment, creating 300+ jobs and supporting 5G/6G technologies.

"India's growth story is incomplete without technological independence. - Paritosh Prajapati, CEO of GX Group"

New Delhi, Oct 24

GX Group, a Netherlands-based telecom equipment maker, announced the launch of GX Quantum Photonics Private Limited on Friday, to make advanced Photonics modules and chip systems in India.

These modules and chip systems are used for next-generation broadband, 5G/6G, and quantum communication technologies, the statement said.

The company mentioned that an initial investment commitment of Rs 500 crore is made which will establish India's first Photonics chip development or manufacturing and R&D hub.

It announced that the investment is supported by Invest International of the Netherlands, which has formed a strategic collaboration with SMART Photonics BV, a global leader in Indium Phosphide-based photonic integrated circuits.

This initiative aims to reduce import dependence and enables secure, export-ready optical components and reinforces India's position in the $50 billion global Photonics module, the statement said.

GX Group informed that the project is projected to generate over 300 skilled manufacturing jobs and will support AI data centres, EV LiDAR, and quantum communications.

"India's growth story is incomplete without technological independence. Through GX Quantum Photonics, we are creating the nation's first Photonics modules and chipsets designed, developed, and built in India," said Paritosh Prajapati, CEO of GX Group,

Our vision goes beyond manufacturing; we aim to make India a global Photonics hub that powers AI-ready networks, smart infrastructure, and secure digital ecosystems, he added.

The global Photonics industry, valued at $920 billion in 2023, is projected to reach $1.64 trillion by 2032, the statement noted.

Photonics module and optical transceiver segment is expected to grow from $20 billion to $50 billion by 2030, driven by 5G/6G rollouts, hyper-scale data centres, and AI infrastructure.

GX Quantum Photonics is also an applicant under the Production Linked Incentive (PLI) Scheme for Large Scale Electronics Manufacturing (ECMS).

This initiative directly supports the Government of India's 'Atmanirbhar Bharat' vision, and aligns with Semicon India and Quantum Mission -- aimed at positioning India as a global hub for Electronics System Design and Manufacturing (ESDM).

- IANS

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Reader Comments

R
Rohit P
500 crore investment and 300 skilled jobs - this is exactly what we need. Hope this creates more opportunities for Indian engineers and researchers in cutting-edge technology fields.
A
Arjun K
While I appreciate the investment, I hope the government ensures that the technology transfer is substantial and not just assembly line jobs. We need genuine R&D capabilities, not just manufacturing.
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Sarah B
As someone working in telecom sector, photonics chips are crucial for 5G/6G infrastructure. This investment positions India well for the next wave of communication technology. Exciting times!
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Vikram M
Perfect timing! With AI data centers and quantum communications growing rapidly, India needs to be in the photonics game. Hope this leads to more such investments in semiconductor and electronics manufacturing.
K
Kavya N
The PLI scheme seems to be working well attracting global players. This will boost our electronics manufacturing ecosystem and create high-value jobs. Good for Make in India initiative! 👍

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