Chennai-based Polymatech Electronics is setting up a GaN semiconductor plant in Chhattisgarh.
The plant aims to produce GaN semiconductor chips for 5G and 6G technologies.
The investment of ₹1,143 crore will boost employment opportunities and advance technological infrastructure in the region.
This initiative aligns with India's 'Make in India' and 'Digital India' campaigns to reduce dependency on semiconductor imports and enhance domestic manufacturing capabilities.