New Delhi, Oct 24 (NationPress) GX Group, a telecom equipment manufacturer based in the Netherlands, revealed the establishment of GX Quantum Photonics Private Limited on Friday, aimed at producing advanced Photonics modules and chip systems in India.

These innovative modules and chip systems are designed for next-generation broadband, 5G/6G, and quantum communication technologies, as stated in the announcement.

The company has committed an initial investment of Rs 500 crore to create India’s inaugural hub for Photonics chip development, manufacturing, and research and development.

This investment is backed by Invest International from the Netherlands, which has partnered with SMART Photonics BV, a global frontrunner in Indium Phosphide-based photonic integrated circuits.

The initiative aims to cut down on import reliance and provide secure, export-ready optical components, thereby enhancing India’s stature in the $50 billion global Photonics module market, according to the announcement.

GX Group indicated that this project is expected to create over 300 skilled manufacturing jobs and cater to AI data centres, EV LiDAR, and quantum communications.

“India’s growth narrative is incomplete without achieving technological independence. With GX Quantum Photonics, we are pioneering the nation’s first Photonics modules and chipsets that are designed, developed, and manufactured in India,” expressed Paritosh Prajapati, CEO of GX Group.

He further added, “Our vision transcends manufacturing; we aspire to position India as a global Photonics hub that fuels AI-ready networks, intelligent infrastructure, and secure digital ecosystems.”

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

The Photonics module and optical transceiver segment is projected to escalate from $20 billion to $50 billion by 2030, propelled by the rollout of 5G/6G, hyper-scale data centres, and AI infrastructure.

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

This initiative directly aligns with the Indian Government’s ‘Atmanirbhar Bharat’ vision and supports the Semicon India and Quantum Mission, which aim to position India as a global center for Electronics System Design and Manufacturing (ESDM).