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Foundation stone for India's first GaN-based semicon manufacturing plant laid in Raipur
The Political and Business Daily
|April 12, 2025
THE foundation stone for India's first Gallium Nitride (GaN)-based semiconductor manufacturing plant of chip-making firm Polymatech Electronics in Nava Raipur was laid by Chattisgarh Chief Minister Vishnu Deo Sai on Friday.
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Polymatech Electronics MD and CEO Eshwara Rao Nandam also announced an additional investment of Rs 10,000 crore in Chhattisgarh.
He informed that the production from the plant, which has set an ambitious production target of 10 billion chips annually by 2030 will commence soon.
The plant will produce advanced 5-nanometer and 3-nanometer chips.
The telecom device packaging facility will drive self-reliance in producing critical semiconductor modules for telecom infrastructure, IoT, and satellite communications, he said.
This story is from the April 12, 2025 edition of The Political and Business Daily.
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