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NX Group Sets Roadmap to Triple India Revenue, Targets USD 400M by 2028 Breakthrough

Soniya Gupta

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NX

NX Group plans to boost India’s semiconductor growth during SEMICON India 2025, aiming for a threefold increase in revenue to USD 400 million by 2028. The company is focusing on India’s fast-growing semiconductor ecosystem, which is projected to reach USD 109 billion by 2030. NX Group is delivering logistics support services, including inventory management, inspection, assembly, export packing, and shipping agency. The company is engaged with all major semiconductor sites in India and offers hybrid solutions, including ultra-precision transport, temperature control, bonded inventory, WMS integration, and last-mile delivery NX Group, a leading player in the global.

Technology and industrial solutions sector, has unveiled an ambitious strategy to triple its India revenue and achieve USD 400 million in annual turnover by 2028. This move is part of the company’s broader vision to strengthen its footprint in emerging markets while capitalizing on India’s fast-growing industrial and digital ecosystem. Over the next five years, NX Group plans to leverage innovation, strategic partnerships, and operational efficiency to establish itself as a dominant force in sectors such as smart infrastructure, renewable energy, digital solutions, and industrial automation. This roadmap not only reflects the company’s growth ambitions but also aligns with India’s evolving industrial and economic priorities.

The foundation of NX Group’s growth strategy in India lies in its focus on market expansion and customer diversification. Historically, the company has enjoyed a strong presence in the urban industrial corridors of India, particularly in sectors like manufacturing, logistics, and technology integration. However, the next phase aims to penetrate Tier-2 and Tier-3 cities, where industrial activity is increasing due to government initiatives like the Make in India program, Production Linked Incentive (PLI) schemes, and rapid urbanization. By targeting these emerging industrial hubs, NX Group seeks to tap into a growing base of small and medium-sized enterprises that are increasingly investing in digital.

technology innovation and product development

Infrastructure and automation solutions This approach will not only broaden the company’s customer base but also reduce dependency on traditional urban markets, which are becoming increasingly competitive A central pillar of this roadmap is technology innovation and product development. NX Group has earmarked significant investment toward research and development (R&D) to deliver next-generation solutions tailored for the Indian market. From intelligent automation systems and AI-driven analytics platforms to renewable energy solutions for industrial operations, the company is positioning itself as a technology leader. By localizing technology development in India.

NX Group can offer cost-effective, scalable solutions while responding rapidly to domestic market requirements. This innovation-driven strategy is expected to not only boost revenue but also enhance brand credibility and foster long-term client loyalty In parallel, the company is aggressively pursuing strategic partnerships and alliances across industries. Collaborations with Indian and global technology providers, infrastructure developers, and logistics firms will be crucial in scaling operations efficiently. These partnerships will allow NX Group to combine its proprietary solutions with complementary services, delivering comprehensive offerings to clients. For example, a collaboration.

With renewable energy firms can facilitate integrated solar or energy storage solutions for industrial customers, while alliances with logistics players can optimize supply chain and automation services. By leveraging the expertise of partners, NX Group expects to accelerate market penetration and reduce the time-to-market for innovative solutions. The company is also prioritizing operational excellence and supply chain optimization. To meet ambitious revenue targets, NX Group is redesigning its operational framework in India to enhance efficiency, reduce costs, and maintain quality standards. Investments in advanced manufacturing practices, smart logistics, and digital procurement.

talent acquisition and development

Systems will enable faster response times and improved service delivery. This approach ensures that as the company scales, it can maintain profitability without compromising on customer experience. Moreover, NX Group’s commitment to sustainability in operations, including energy-efficient manufacturing and responsible sourcing, positions the company as a socially responsible player in India’s growing ESG-conscious business landscape. Internal link: “NX Group Operational Excellence” Another key focus area is talent acquisition and development. Recognizing that human capital is the backbone of innovation and growth, NX Group plans to expand.

Its workforce in India across engineering, sales, and operational domains. The company is also investing in training programs to upskill employees in advanced technologies such as AI, IoT, and data analytics. By fostering a culture of continuous learning and innovation, NX Group ensures that its teams are equipped to deliver cutting-edge solutions and support rapid business expansion. Furthermore, the company’s inclusive hiring practices and emphasis on diversity aim to build a workforce reflective of India’s rich demographic and cultural landscape Digital transformation is another critical component of NX Group’s revenue roadmap. The company is deploying advanced analytics, cloud.

Based solutions, and automation technologies not only in its client offerings but also in internal operations. By leveraging data-driven insights, NX Group can optimize decision-making, enhance customer engagement, and anticipate market trends. For instance, predictive maintenance solutions for industrial clients can reduce downtime, while AI-powered supply chain tools improve inventory management. This dual approach digital solutions for clients and internally creates a synergy that drives operational efficiency, client satisfaction, and revenue growth simultaneously Financial prudence underpins all these growth initiatives. NX Group is strategically allocating capital.

corporate social responsibility

To high-growth segments while managing risks associated with market volatility and competitive pressures. This includes maintaining a balanced portfolio of high-margin products, recurring revenue services, and strategic investments in emerging technologies. By combining aggressive expansion with disciplined financial management, NX Group aims to ensure sustainable growth rather than short-term revenue spikes Beyond business metrics, NX Group’s roadmap also emphasizes corporate social responsibility and community engagement. The company recognizes that long-term success in India depends not only on financial performance but also on building.

Trust and credibility with local communities. Initiatives in education, skill development, renewable energy, and health infrastructure are integral to NX Group’s vision of inclusive growth. These efforts not only contribute to social development but also strengthen the company’s brand image and stakeholder relationships across the country NX Group’s ambitious goal of USD 400 million in India revenue by 2028 is supported by a phased execution plan. The first phase focuses on market expansion and establishing a strong presence in new industrial hubs. The second phase emphasizes innovation, strategic partnerships, and operational efficiency to scale solutions and enhance.

infrastructure bottlenecks

Profitability The final phase targets market leadership through technology leadership, customer-centric offerings, and sustainable practices. This structured approach ensures that growth is not just rapid but also strategically aligned with broader market opportunities and societal expectations The roadmap also anticipates challenges such as regulatory complexities, infrastructure bottlenecks, and competitive pressures (Solar) NX Group plans to mitigate these risks through proactive engagement with policymakers, investment in robust infrastructure, and continuous market intelligence. By anticipating potential hurdles and implementing adaptive strategies, the company enhances its.

Q1. What is NX Group’s revenue target for India by 2028?

NX Group aims to triple its India revenue to USD 400 million by 2028, up from USD 132 million in 2023.

Q2. How does NX Group plan to achieve this revenue growth?

The company plans to expand its warehousing capacity, increase its workforce, and focus on strategic locations and industries, particularly the semiconductor sector.

Q3. What are NX Group’s current operations in India?

As of June 2025, NX Group operates 60 warehouses spanning 4.5 million sq ft across 39 cities in India.

Q4. Which industries and locations is NX Group focusing on?

The company is targeting industries such as semiconductor, automotive, healthcare, technology, aerospace, and logistics. Key locations include Delhi-NCR, Ahmedabad, Mumbai, Pune, Guwahati, Hyderabad, Bengaluru, and Chennai.

Q5. What is NX Group’s employment strategy in India?

NX Group plans to increase its direct workforce to approximately 10,000 employees, with indirect employment potentially reaching 50,000, supporting its expansion efforts.