Raipur: In a landmark move for India’s semiconductor ambitions, the foundation stone for the country’s first Gallium Nitride (GaN)-based semiconductor manufacturing plant was laid in Nava Raipur, Chhattisgarh, on Friday. The state-of-the-art facility is being established by Polymatech Electronics, a leading chip-making firm, with a vision to propel India into the global semiconductor spotlight.
The ceremony was presided over by Chhattisgarh Chief Minister Vishnu Deo Sai, alongside Eshwara Rao Nandam, Managing Director and CEO of Polymatech Electronics. During the event, Nandam announced an additional investment of ₹10,000 crore in the state, reinforcing the company’s long-term commitment to transforming Chhattisgarh into a high-tech manufacturing hub.
“As we lay the foundation stone today, we are not just building a factory, we are laying the groundwork for a technologically advanced future — one where India leads the global electronics value chain”, Nandam emphasized.
The plant aims to commence production soon and has set an ambitious target of manufacturing 10 billion chips annually by 2030. It will produce cutting-edge 5-nanometer and 3-nanometer semiconductor chips, critical for the development of advanced digital infrastructure.
Polymatech’s facility will focus on telecom device packaging, enabling India to achieve self-reliance in critical components for 5G/6G networks, IoT, satellite communications, power electronics, and defense applications.
With an initial investment of ₹1,143 crore, the project is expected to elevate India’s status in the global semiconductor supply chain, while placing Chhattisgarh at the center of India’s electronics revolution.
Globally, Gallium Nitride (GaN) is celebrated as a breakthrough material in semiconductor technology. GaN chips offer superior performance, energy efficiency, and durability compared to traditional silicon-based chips, making them ideal for next-generation devices.
The plant’s social and economic impact is projected to be far-reaching:
- Thousands of direct jobs
- Millions of indirect employment opportunities
- Technical training and industrial engagement for youth in tribal and Naxal-affected regions like Bastar
Chhattisgarh’s swift and industry-friendly execution played a major role in securing the project. Officials from the state’s industry department highlighted that the land in Sector 5 of Nava Raipur was allocated via a tender process in under 45 days, with lease registration completed within 25 days—an indicator of the state’s proactive governance and investor-friendly climate.
The project was originally greenlit during the ‘Chhattisgarh Investor Connect’ event in New Delhi in December 2024, solidifying Nava Raipur’s emergence as a next-gen industrial corridor.
