According to reports, 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 Chhattisgarh Chief Minister Vishnu Deo Sai.

Polymatech Electronics MD and CEO Eshwara Rao Nandam also announced an additional investment of Rs 10,000 crore in Chhattisgarh.

Eshwara 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 facility will manufacture state-of-the-art 5-nanometer and 3-nanometer chips.

The packaging facility for telecom devices will promote self-sufficiency in manufacturing essential semiconductor modules for telecommunications infrastructure, IoT, and satellite communication systems.

By investing Rs 1,143 crore, the initiative will position Chhattisgarh and India at the leading edge of the worldwide semiconductor sector.

The chips manufactured at the factory will not only energize daily gadgets but also facilitate next-generation 5G and 6G networks, advanced laptops, defense technologies, data analysis, and power electronics.

The establishment of the plant represents a vital milestone in India's effort to lessen its reliance on semiconductor imports and strengthen its status as a worldwide tech leader.

Eshwara says, “Chattisgarh's progressive industrial policies, robust infrastructure, proactive support from the government, and Nava Raipur's emergence as an industrial hub made it a natural location choice for expansion.”

"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," adds Eshwara.

Also Read: India's Semiconductor Market to Reach $103 Billion by 2030: IESA

Worldwide, Gallium Nitride (GaN) is regarded as a revolutionary force in the semiconductor industry. GaN chips offer greater speed, enhanced energy efficiency, and remarkable durability, positioning them as the perfect option for next-generation technologies.