Polymatech Electronics Unlisted Shares

Polymatech Electronics Opens New Chhattisgarh Facility to Boost India’s 5G and 6G Tech Growth

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Polymatech Electronics Opens ₹1,143 Crore Facility in Chhattisgarh to Advance 5G, 6G Tech

Expert Analysis:

New Facility Location: Polymatech Electronics will establish its second Indian manufacturing facility in Nava-Raipur, Chhattisgarh following an invitation from the state government.
Announcement Details: The announcement was made on 23rd December 2024 by Hon'ble Chief Minister Shri Vishnu Deo Sai at the Chhattisgarh Investor Connect 2024 event in New Delhi.
Collaboration and Technology: Polymatech, in collaboration with Simply RF (Cardiff, UK), will produce advanced semiconductor chips for frequencies between 5.925 GHz and 13.75 GHz (Nodes N102-104).
Manufacturing and Packaging: Advanced chip packaging will be done at the new Raipur facility, with Chip fabrication outsourced until Polymatech’s foundry in Grenoble, France is operational.
Investment and Impact: The ₹1,143 crore investment will showcase India’s capabilities in the global semiconductor space.
Government Support: The Government of Chhattisgarh offers a 40% capital subsidy under its industrial policy, independent of the Government of India’s incentives, which Polymatech plans to avail.
Focus on 5G and 6G: The new facility will manufacture 5G and 6G base stations using Gallium Nitride (GaN) technology, with Doherty Architecture for superior performance and efficiency.

Takeaways

Polymatech's ₹1,143 crore investment in Nava-Raipur, with a 40% capital subsidy, strengthens India's position in semiconductor and telecom tech.

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