Hyderabad,06th January 2025: Polymatech Electronics, a global pioneer in semiconductor chips headquartered in Chennai, India, has announced it has received an invitation from the Government of Chhattisgarh to set up its second Indian manufacturing facility in Nava-Raipur. This announcement was made on 23rd December 2024 by Hon’ble Chief Minister Shri Vishnu Deo Sai during the Chhattisgarh Investor Connect 2024 event at Hotel Taj Mahal, New Delhi.

Polymatech, in collaboration with Simply RF from Cardiff, Wales, UK, is set to produce advanced semiconductor chips with cutting-edge technology for frequencies ranging between 5.925 GHz and 13.75 GHz Nodes N102-104. The advanced packaging of these chips will be done at the new Raipur facility, which will be a state-of-the-art manufacturing facility. These chip fabrications will be initially outsourced until Polymatech’s foundry is set up in Grenoble, France, and until its production starts. The project showcases India’s capabilities in the global semiconductor space. This project will involve a massive investment of ₹1,143 crore by Polymatech.

The Government of Chhattisgarh has extended robust support to this ambitious project, offering a 40% capital subsidy under its visionary industrial policy. This subsidy is independent of the Government of India’s incentives, which Polymatech plans to avail itself of.

Speaking about this development, Eswara Rao Nandam, CEO and Managing Director of Polymatech Electronics, said, “We are delighted to expand our footprint in India with the establishment of our second Indian manufacturing plant in Chhattisgarh. This facility represents a significant step toward realizing our vision of advancing India’s technological prowess in semiconductor manufacturing and telecommunications. With the strong support of the Chhattisgarh government and our expertise in Gallium Nitride (GaN) technology, we are confident of delivering innovative solutions that will empower the 5G and 6G ecosystem globally.”

The upcoming facility will focus on manufacturing 5G and 6G base stations, leveraging Polymatech’s expertise in Gallium Nitride (GaN) technology, an advanced material crucial for next-generation telecommunications. The 6G base station architecture will feature Doherty Architecture, ensuring superior performance and efficiency.

Speaking at the event, Shri Vishnu Deo Sai, Hon’ble Chief Minister of Chhattisgarh, highlighted the state’s commitment to fostering innovation and technological advancement. He said, “It is a pleasure for the State of Chhattisgarh to have Polymatech establish India’s second semiconductor industry within our borders. As a resilient, cutting-edge, and futuristic company, Polymatech will propel our state’s capabilities, widening and deepening our diverse and complex manufacturing ecosystem. We welcome them with hope, humility, and happiness, anticipating a bright future for Chhattisgarh’s manufacturing sector.”

Smt Ritu Sain – IAS – Investment Commissioner, Sri Rajat Kumar IAS – Secretary – Commerce and Industries and Industries, Sri Prabhat Malik IAS Director – Industries – Government of Chhattisgarh, welcomed and congratulated Polymatech Electronics, India’s first semiconductor chip manufacturer, on their second plant, saying, “We warmly welcome Polymatech Electronics to Chhattisgarh and congratulate them on setting up their second Indian facility. This partnership marks a significant leap forward in bolstering India’s semiconductor ecosystem and advancing next- generation technologies. We are excited about the opportunities this facility will bring to Chhattisgarh and the nation.”

Chhattisgarh government’s proactive Industrial policy marks an indelible milestone in India’s journey towards self-reliance in semiconductor manufacturing and advanced communication technologies.