The famous FTTH Europe’s gear maker and GPON equipment will decide to create own manufacturing facility in India arriving in the next year 2021. Company wants to start trail on own manufacturing unit from February in next year 2021 in India. They want to build up a solid evaluation of the component ecosystem.
Around 8 millions eruos will be operational cost on the production plan is for mass deployment in India and supporting exports to our global business on production setup in India for the manufacturing of Fiber to the Home equipment just like Jio Fiber has setup own Fiber to Home base in India. The company shared the its planning to be ready by 2021 February said by Paritosh Prajapati , CEO, GX Group.
The company want to serve business plans complete in Asia and European markets through this plant in India. The GX is working with Invest and Business Sweden on production setup in India for the manufacturing of Fiber to the Home equipment.
GX has also again experience from manufacturing in India has done trial production in 2016 at the time when sourcing of material was not available supporting our export business.
The increasing demand of high-speed broadband along with European quality stamp is the perfect value to the market of India and overseas markets which as to accelerate leaps and bounds post COVID-19.