Project summary
GX International is a Dutch-Indian technology company active in the development and manufacturing of Fiber-to-the-Home (FTTH) solutions, enabling telecom operators to deliver high-speed internet access to households and businesses. To support growing demand in India’s telecommunications market, the company is investing in the expansion of its current assembly facility and the establishment of a new photonics production facility.
The investment will significantly increase local manufacturing capacity for advanced telecommunications equipment and components that are essential for the rollout of next-generation broadband infrastructure. It also supports the development of India’s domestic technology manufacturing ecosystem, reducing dependence on imports while strengthening local expertise in high-tech production.
A key part of the investment is the creation of a new subsidiary focused on semiconductor and photonics chip manufacturing. This initiative is expected to become a cornerstone of India’s emerging photonics sector and will be developed in close collaboration with Dutch innovation partner SMART Photonics in Eindhoven.
In addition to supporting India’s digital ambitions, the project strengthens technological cooperation between India and the Netherlands, while creating opportunities for knowledge exchange, innovation and future economic growth in both countries.
Watch the video below, an interview with CEO Gerlas van den Hoven on the partnership with Invest International.
Our impact
Creating opportunities for women
GX International promotes gender inclusion throughout its organisation. The company aims for women to represent 50% of its workforce as it continues to grow.
Generating quality employment
By the end of the financing period, GX International expects to employ 820 people directly. GX is committed to significantly reduce the number of workers hired through a third party from 400 tot 80 during the financing period.
Strengthening digital infrastructure & innovation
The project supports India's broadband expansion by supplying technologies used by major telecom operators. It establishes a strategic partnership with Dutch company SMART Photonics, strengthening innovation links between India and the Netherlands.
Reducing environmental impact
GX International plans to install solar panels at its existing facility, covering around 50% of electricity demand, with similar plans for the new production site.
More information about this case
Kenneth Voorneveld
Senior Investment Manager SME & Mid Corp
