GX Group to Establish ₹500 Crore Photonic Module and Chip Facility in India

GX Group has announced a strategic investment of ₹500 crore as part of its Phase 1 plan to establish a local manufacturing facility and R&D centre for photonics modules and chipsets, as per the news reports. 

The new subsidiary will be headquartered in Manesar (Gurgaon), and the manufacturing facility will be built in Bhiwadi, Rajasthan, with the expansion of an existing R&D centre in Chennai.  The investment is expected to generate over 300 direct jobs and enhance India’s push toward high-tech optics and semiconductor manufacturing.

Strategic Timelines and Business Scope

According to CEO Paritosh Prajapati, operations will commence by Q1 FY27, and local production of chips is planned from October 2026.  The new entity, named GX Quantum Photonics Pvt Ltd, is set up in partnership with Netherlands-based SMART Photonics BV and aligns with India’s semiconductor vision and Production-Linked Incentive (PLI) schemes for electronics manufacturing. 

Market Opportunity and Policy Alignment

Photonics technology is seen as a core enabler of next-generation digital infrastructure, including optical data transmission, LiDAR, and quantum devices. GX Group estimates an addressable market of $50 billion in India.  

The move also dovetails with the government’s push on technological sovereignty, Make in India and the National Policy on Electronics (NPE) 2019.

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Conclusion

With this investment, GX Group aims to transform India’s optics and photonics manufacturing landscape, moving from import dependency to domestic production for key telecom and data-centre components. If executed on schedule, this facility could significantly bolster India’s competitiveness in global high-tech supply chains.