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Home»India»‘Chhattisgarh’s new identity’: CM lays stone for state’s first chip plant; youth from Maoist-hit areas to benefit | India News
India

‘Chhattisgarh’s new identity’: CM lays stone for state’s first chip plant; youth from Maoist-hit areas to benefit | India News

April 12, 2025No Comments3 Mins Read
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Chhattisgarh Chief Minister Vishnu Deo Sai on Friday laid the inspiration stone for state’s first Gallium Nitride (GaN)-based semiconductor fabrication unit in New Raipur and stated that the federal government’s purpose isn’t just attracting funding but additionally guaranteeing that youth from tribal, rural, and backward areas change into members within the nation’s technological revolution.

The plant, which goals to fabricate 10 billion chips yearly by 2030, is about to start business manufacturing in April-Might 2026. “This isn’t only a plant, it’s the id of the brand new Chhattisgarh,” the CM stated.

The largest beneficiaries of the plant can be youth from Bastar and different Maoist-affected areas who will obtain technical coaching in Tamil Nadu.

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Gallium Nitride is globally recognised as a superior various to silicon in high-power, high-frequency functions, resulting from its effectivity, thermal efficiency, and sturdiness. The institution of this facility marks India’s entry right into a high-value, strategic phase of the worldwide semiconductor market.

A authorities official stated, “Primarily expert graduates like BE, B.Tech, polytechnic, diploma and ITI holders will probably be employed for plant operations. Within the first part, roughly 500 direct jobs will probably be created. In future enlargement of the second part, it’ll create 5,000 direct jobs.”

On the occasion, Eswara Rao Nandam, MD of Polymatech Electronics Ltd, additionally introduced a further funding of Rs 10,000 crore in Chhattisgarh.

“Developed by Polymatech Electronics Restricted with an funding of Rs 1,143 crore, the state-of-the-art facility will produce high-frequency GaN chips catering to superior 5G and 6G telecommunications infrastructure and marking a serious milestone in India’s technological journey,” stated a authorities official. The challenge is anticipated to create important employment alternatives for native expertise, whereas attracting FDI and boosting regional financial improvement, the official added.

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Polymatech Electronics Ltd may even deal with the superior packaging of those high-frequency chips on the Raipur facility, which may even function a hub for innovation in radio frequency programs, defence electronics, AI, information analytics, and high-performance computing.

After the BJP authorities got here to energy final 12 months, a brand new industrial coverage was formulated to draw funding and enhance ease of doing enterprise.

Based on an Trade Division official, “The corporate was allotted land in Sector 5 of Nava Raipur by way of the tender course of in lower than 45 days and the registration of the lease deed was accomplished in lower than 25 days. As of now, the corporate acquired Stamp Obligation Exemption for land registration as per Industrial Improvement Coverage 2024-30. The corporate will get incentives/subsidies as per norms of IDP.”



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