Chhattisgarh CM Vishnu Deo Sai laid the foundation for the state’s inaugural semiconductor manufacturing facility in Nava Raipur on Friday.
The plant, established by Chennai-based Polymatech Electronics (IESA member company), represents an investment of ₹1,143 crore and is set to produce Gallium Nitride (GaN) semiconductor chips, integral to 5G and 6G technologies.
This initiative aims to bolster employment opportunities and advance technological infrastructure in the region.
SEMI IESA president Ashok Chandak highlighted, “To date, IESA’s member companies have committed over $20 billion across multiple Indian states, catalysing a new era of innovation-led growth, advanced manufacturing, and self-reliance under the Atmanirbhar Bharat and Make in India missions.”
The facility will occupy a 150,000 square-foot area in Sector 5 of Nava Raipur, allocated through a tender process by the Nava Raipur Development Authority. This development aligns with India’s broader objectives under the ‘Make in India’ and ‘Digital India’ campaigns.
It seeks to reduce dependency on semiconductor imports and enhance domestic manufacturing capabilities.
Eswara Rao Nandam, MD and CEO at Polymatech Electronics, stated that the plant would contribute to India’s goal of becoming a global semiconductor powerhouse, with national demand projected to reach $64 billion by 2026 and $110 billion by 2030.
The Chhattisgarh government has committed to supporting the electronics and semiconductor sectors through policy support, tax incentives, and infrastructure development.
Applications of GaN semiconductors include radars, EV fast chargers, telecom base stations, solar inverters, and data centers, making it vital for both strategic and commercial sectors.
Rajat Kumar, the commerce and industry department secretary, noted that collaborating with Polymatech is expected to enhance the state’s capabilities in global semiconductor manufacturing.
This partnership follows the ‘Investor Connect’ programme held in December 2024 in New Delhi, where the Chhattisgarh government extended an invitation to Polymatech Electronics, which has an international presence in the United States and Bahrain.
The Chhattisgarh government also recently signed a memorandum of understanding with the India Electronics and Semiconductor Association (IESA), which was signed during the Chhattisgarh Investor Connect roadshow in Bengaluru.
The agreement enhanced the electronics system design and manufacturing sector. This collaboration aims to position Chhattisgarh as a key player in homegrown semiconductors.
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