GX Group, which has an R&D (research and development) centre in Chennai, will form a subsidiary named GX Quantum Photonics in Manesar, Haryana to channel this investment. Photo: GX group website.
The Netherlands-headquartered GX Group announced on Friday (October 24, 2025) that it would invest ₹500 crore into photonics module development and manufacturing in India, backed by Invest International, a Dutch state-owned financing body, and SMART Photonics BV, another Dutch firm. Photonics are a key part of telecom networks and data centres, assisting the interface between computers and the fibre optic cables that carries data. Most photonics modules in India are imported.
GX Group, which has an R&D (research and development) centre in Chennai, will form a subsidiary named GX Quantum Photonics in Manesar, Haryana to channel this investment toward its existing facility in Tamil Nadu and a manufacturing unit in Rajasthan’s Bhiwadi.
The optical transceiver market, part of the photonics market, is expected to grow multi-fold by 2035; according to an estimate cited by the GX Group, the market is set to more than double from $20 billion to $50 billion by 2030.
“This initiative directly supports the Government of India’s ‘Atmanirbhar Bharat’ vision and aligns with Semicon India, Quantum Mission, and the National Policy on Electronics (NPE 2019) — aimed at positioning India as a global hub for Electronics System Design and Manufacturing (ESDM),” GX Group said in a statement.
The products manufactured will be scaled for serving global clients, the company said. “This marks a strategic shift — from importing optical technology to exporting innovation,” GX Group Chief Executive Officer (CEO) Paritosh Prajapati said in a statement. The company currently employs 250 people in India, and says it will employ 300 more as a result of this investment, billed as the first phase in a series of rounds.
Published – October 24, 2025 07:22 pm IST
