Chhattisgarh CM Vishnu Deo Sai laid the muse for the state’s inaugural semiconductor manufacturing facility in Nava Raipur on Friday.
The plant, established by Chennai-based Polymatech Electronics (IESA member firm), represents an funding of ₹1,143 crore and is about to provide Gallium Nitride (GaN) semiconductor chips, integral to 5G and 6G applied sciences.
This initiative goals to bolster employment alternatives and advance technological infrastructure within the area.
SEMI IESA president Ashok Chandak highlighted, “To this point, IESA’s member firms have dedicated over $20 billion throughout a number of Indian states, catalysing a brand new period of innovation-led development, superior manufacturing, and self-reliance beneath the Atmanirbhar Bharat and Make in India missions.”
The ability will occupy a 150,000 square-foot space in Sector 5 of Nava Raipur, allotted via a young course of by the Nava Raipur Improvement Authority. This improvement aligns with India’s broader aims beneath the ‘Make in India’ and ‘Digital India’ campaigns.
It seeks to cut back dependency on semiconductor imports and improve home manufacturing capabilities.
Eswara Rao Nandam, MD and CEO at Polymatech Electronics, said that the plant would contribute to India’s aim of turning into a worldwide semiconductor powerhouse, with nationwide demand projected to achieve $64 billion by 2026 and $110 billion by 2030.
The Chhattisgarh authorities has dedicated to supporting the electronics and semiconductor sectors via coverage assist, tax incentives, and infrastructure improvement.
Purposes of GaN semiconductors embrace radars, EV quick chargers, telecom base stations, photo voltaic inverters, and knowledge facilities, making it important for each strategic and business sectors.
Rajat Kumar, the commerce and trade division secretary, famous that collaborating with Polymatech is predicted to boost the state’s capabilities in international semiconductor manufacturing.
This partnership follows the ‘Investor Join’ programme held in December 2024 in New Delhi, the place the Chhattisgarh authorities prolonged an invite to Polymatech Electronics, which has a global presence in the US and Bahrain.
The Chhattisgarh authorities additionally just lately signed a memorandum of understanding with the India Electronics and Semiconductor Affiliation (IESA), which was signed through the Chhattisgarh Investor Join roadshow in Bengaluru.
The settlement enhanced the electronics system design and manufacturing sector. This collaboration goals to place Chhattisgarh as a key participant in homegrown semiconductors.
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