GX Group to invest Rs 500 cr to set up photonics modules, chip arm in India

GX Group will invest Rs 500 crore to set up a photonic module and chip arm in India. The new facility in Manesar, Gurgaon, will create over 300 jobs. Manufacturing will begin in Bhiwadi, Rajasthan, and R&D will expand in Chennai by Q1 FY27. Chips will be available locally by October 2026.

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