India is pushing its limits to succeed in the semiconductor landscape, and compound semiconductors are the future key to a strong position in this sector. To make the self-reliant India mission successful and future-driven, on April 11th, India established its first-of-its-kind Gallium Nitride (GaN)-based semiconductor plant in Naya Raipur, Chhattisgarh. Chief Minister Vishnu Deo Sai will lay the foundation stone of this facility. The latest plant will offer employment opportunities and a boost to the economy. Polymatech Electronics, based in Chennai, has invested around ₹1,143 crore in setting up this semiconductor plant. The company aims to produce 10 billion chips annually by 2030. The facility will serve the needs of 5G, 6G, the Defence sector, telecom industries, and data analytics.
Why GaN Technology is Special:
- Gallium Nitride (GaN) chips are faster and more energy-efficient compared to traditional silicon chips.
- They are highly durable and have a longer lifespan.
- Ideal for high-frequency and high-speed electronic devices.
- This technology will reduce India’s dependency on semiconductor imports and strengthen the country’s position as a global tech leader.
A Golden Opportunity for Investors:
Chhattisgarh’s Secretary of Commerce and Industries, Rajat Kumar, said, “This partnership with Polymatech is a significant step towards transforming the state into a technology hub.”
The state’s investor-friendly policies, strong infrastructure, and fast decision-making process are making it an attractive destination for investment.
