GX group aims for 60% reusable materials in products within two years: CEO

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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.

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.

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.

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Category: BusinessFinance

Markets: IndiaSweden

Topics: Broadband Swachh Bharat mission Telecom infrastructure National broadband plan Online Services (NEC) Company official Paritosh Prajapati Equipment maker Optical fibre Manufacturing facility CEO Fibre network Optical fibre network WiFi routers QuickDraw GX Genexis Ericsson Action figures WiFi GX Group Reuse European Union

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 13:03:34 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 385 words

Reading Time: 3 minutes read

Sentences: 15 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23376121

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