aGX Group, a prominent telecom gear manufacturer, projects a significant 66% increase in revenue to reach Rs 500 crore by the financial year 2026. This growth trajectory is attributed to the expansion of both domestic operations and exports, as stated by a senior company official.

Specializing in the production of Gigabit Passive Optical Network (GPON) equipment crucial for fiber-based broadband networks, GX Group also manufactures routers, switches, and Internet of Things (IoT) devices within India.

Paritosh Prajapati, CEO of GX Group, informed PTI that the company aims to enhance its manufacturing capabilities in India, planning to invest Rs 100 crore in the current financial year for this purpose.

The optimistic revenue forecast reflects GX Group’s strategic focus on leveraging emerging opportunities in the telecommunications sector, both domestically and internationally. With an emphasis on bolstering manufacturing infrastructure and expanding product offerings, the company seeks to capitalize on the growing demand for broadband services and IoT solutions.

The planned investment underscores GX Group’s commitment to enhancing its operational capacity and staying ahead in a competitive market landscape. As the company gears up for substantial growth and expansion, it remains poised to play a pivotal role in India’s digital transformation journey.