GX Group Aims for 60% Reusable Materials in Products

By By Rediff Money Desk, New Delhi
Nov 03, 2024 11:18
GX Group, a broadband equipment maker, plans to use 60% reusable material in its products by 2025, aiming for sustainability and meeting India's climate goals. The company has launched recycled and biodegradable WiFi routers and GPON ONTs under its 'Ecoverse' initiative.
New Delhi, Nov 3 (PTI) Broadband equipment maker GX Group has set a target to use 60 per cent reusable material across all its products over the next two years, a top company official said.

GX Group CEO Paritosh Prajapati told PTI that India is poised to become the second-largest fibre broadband market globally with 110 million active fibre lines by 2030, which poses a rising challenge in managing the environmental impact of telecom infrastructure.

"India's climate action goals, which aim for net-zero carbon emissions by 2070. The Carbon Border Adjustment Mechanism (CBAM) in the European Union mandates stringent emissions controls on imports, and similar rules are also expected to be in India. We have set sustainability goals to use 60 per cent of reusable material in our products in the next two years," Prajapati said.

The telecom production linked incentive (PLI) qualified company claims to have become the first firm in India to launch WiFi routers and GPON ONTs (broadband modems for high capacity optical fibre network) made from recycled and biodegradable materials under its new initiative 'Ecoverse'.

GX Group has its manufacturing unit in Manesar. The Company plans to open its second manufacturing facility in Chennai soon to support its exports from India.

As per the last disclosure, GX Group has its routers and optical fibre modem installed across 50 lakh homes in India.

"As India advances its fibre network, we must balance growth with environmental responsibility. Our use of recycled and biodegradable materials supports both India's climate goals and the Swachh Bharat mission," Prajapati said.

GX Group, formerly known as Genexis, started its operations in 2002 and successfully expanded the business pan India by 2013 when it acquired Ericsson end-user equipment part from Sweden.
Source: PTI
Read More On:
gx groupbroadband equipmentreusable materialssustainabilityecoverse
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Punjab Seeks Korean Investment: Mann Visits Seoul

Punjab CM Mann urges Korean investment in Seoul, highlighting industry-friendly...

India-EU FTA Talks with Goyal: Key Issues &...

EU team meets Piyush Goyal to discuss India-EU Free Trade Agreement. Focus on steel,...

AI/ML in Power Distribution: Manohar Lal Keynote

Manohar Lal highlights AI/ML role in power distribution at national conference. Focus...

UIDAI Aadhaar Verification: New Rules & App

UIDAI to mandate registration for Aadhaar verification. New app & rules discourage...

Gold Price Outlook: Fed Decision & Rupee Impact

Gold prices to watch Fed meeting, rupee movement. Analysts predict potential gains amid...

Paint Makers Expect Q3 Uptick, Margin Improvement

Paint makers anticipate sales & volume growth in Q3 with improved margins due to benign...

Urban Vault Leases to Japanese Firms in Bengaluru

Urban Vault leases 21,000 sq ft office space in Bengaluru to Nachi, Pioneer, & Komatsu....

Dwarka Expressway Housing Prices Surge 3.5x in...

Dwarka Expressway property prices jumped 3.5 times in 5 years! Report by Square Yards...

Govt to Convert 40 GW Renewable Energy to FDRE:...

Suzlon expects the government to convert 40 GW of uncontracted renewable energy to...

Ola Electric Delivers 4680 Bharat Cell EVs

Ola Electric starts mass deliveries of 4680 Bharat Cell powered S1 Pro+ scooters....

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2025 Rediff.com