{"id":912,"date":"2025-04-11T10:10:39","date_gmt":"2025-04-11T10:10:39","guid":{"rendered":"https:\/\/thefrontpage24.com\/?p=912"},"modified":"2025-04-11T10:10:39","modified_gmt":"2025-04-11T10:10:39","slug":"chhattisgarh-takes-giant-leap-into-tech-future-with-states-first-semiconductor-plant","status":"publish","type":"post","link":"https:\/\/thefrontpage24.com\/?p=912","title":{"rendered":"Chhattisgarh Takes Giant Leap into Tech Future with State\u2019s First Semiconductor Plant"},"content":{"rendered":"<p class=\"\" data-start=\"0\" data-end=\"220\">TFP Bureau, Raipur, April 11, 2025:\u00a0In a historic step towards positioning Chhattisgarh as a hub of high-tech innovation, Chief Minister Shri Vishnudev Sai today performed the Bhoomi Pujan for the state\u2019s first semiconductor manufacturing unit in Nava Raipur. The plant, to be established by Polymatech Electronics Pvt. Ltd., marks a significant milestone in the state\u2019s industrial journey and is being hailed as a proud moment for Chhattisgarh.<\/p>\n<p class=\"\" data-start=\"662\" data-end=\"1100\">The Rs 1,143 crore project will be built over 1.5 lakh square feet in Sector-5 of Nava Raipur, with production aimed at delivering 10 billion semiconductor chips by 2030. These chips will be used in advanced technologies including telecom, 6G\/7G networks, laptops, and power electronics. The plant is expected to generate significant employment for local youth, with appointment letters distributed by the Chief Minister during the event.<\/p>\n<p class=\"\" data-start=\"1102\" data-end=\"1160\"><strong data-start=\"1102\" data-end=\"1160\">\u201cNava Raipur to become Silicon Valley of Chhattisgarh\u201d<\/strong><\/p>\n<blockquote>\n<p class=\"\" data-start=\"1162\" data-end=\"1488\">Speaking at the foundation ceremony, Chief Minister Sai said, \u201cIt is a matter of immense pride that the state\u2019s first semiconductor plant is taking shape today. With the new industrial policy providing tailored incentives for this sector, Chhattisgarh is poised to become a key player in India&#8217;s tech manufacturing ecosystem.\u201d<\/p>\n<\/blockquote>\n<p class=\"\" data-start=\"1490\" data-end=\"1667\">He emphasized the importance of technology and innovation in global development, expressing confidence that Nava Raipur will soon emerge as the &#8220;Silicon Valley of Chhattisgarh.&#8221;<\/p>\n<p class=\"\" data-start=\"1669\" data-end=\"1706\"><strong data-start=\"1669\" data-end=\"1706\">Rapid progress and investor trust<\/strong><\/p>\n<p class=\"\" data-start=\"1708\" data-end=\"2033\">Recounting the swift timeline of the project, the Chief Minister highlighted how the state\u2019s proactive governance enabled the allotment of land by NRDA within 45 days, with lease registration completed in under 25 days. \u201cThis reflects our commitment to ease of doing business and building a developed Chhattisgarh,\u201d he added.<\/p>\n<p class=\"\" data-start=\"2035\" data-end=\"2232\">The initiative stemmed from an Investors Connect program held in Delhi in December 2024, where Chhattisgarh\u2019s delegation engaged with Polymatech&#8217;s leadership, prompting their interest in the state.<\/p>\n<p data-start=\"2035\" data-end=\"2232\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-915\" src=\"https:\/\/thefrontpage24.com\/wp-content\/uploads\/2025\/04\/cae80811-cb20-4fb5-9b1f-352f0806aad7.jpeg\" alt=\"\" width=\"1343\" height=\"1600\" srcset=\"https:\/\/thefrontpage24.com\/wp-content\/uploads\/2025\/04\/cae80811-cb20-4fb5-9b1f-352f0806aad7.jpeg 1343w, https:\/\/thefrontpage24.com\/wp-content\/uploads\/2025\/04\/cae80811-cb20-4fb5-9b1f-352f0806aad7-252x300.jpeg 252w, https:\/\/thefrontpage24.com\/wp-content\/uploads\/2025\/04\/cae80811-cb20-4fb5-9b1f-352f0806aad7-860x1024.jpeg 860w, https:\/\/thefrontpage24.com\/wp-content\/uploads\/2025\/04\/cae80811-cb20-4fb5-9b1f-352f0806aad7-768x915.jpeg 768w, https:\/\/thefrontpage24.com\/wp-content\/uploads\/2025\/04\/cae80811-cb20-4fb5-9b1f-352f0806aad7-1289x1536.jpeg 1289w\" sizes=\"auto, (max-width: 1343px) 100vw, 1343px\" \/><\/p>\n<p class=\"\" data-start=\"2234\" data-end=\"2295\"><strong data-start=\"2234\" data-end=\"2295\">Polymatech proposes Rs 10,000 crore additional investment<\/strong><\/p>\n<p class=\"\" data-start=\"2297\" data-end=\"2684\">MD of Polymatech, Shri Ishwar Rao, lauded the cooperation extended by the state government and announced an ambitious proposal to invest an additional Rs 10,000 crore in Chhattisgarh for setting up a power module fabrication facility. The proposed plant will focus on transistors, power electronics, and components for electric vehicles\u2014potentially creating over 5,000 jobs in the state.<\/p>\n<p class=\"\" data-start=\"2686\" data-end=\"2715\"><strong data-start=\"2686\" data-end=\"2715\">Dignitaries in attendance<\/strong><\/p>\n<p class=\"\" data-start=\"2717\" data-end=\"2992\">The event was graced by several key dignitaries, including Commerce and Industry Minister Shri Lakhanlal Dewangan, Housing and Environment Minister Shri O.P. Choudhary, MLA Guru Khushwant Saheb, Chief Secretary Shri Amitabh Jain, senior bureaucrats, and Polymatech officials.<\/p>\n<p class=\"\" data-start=\"2994\" data-end=\"3178\">With this landmark initiative, Chhattisgarh sets the tone for a new era in advanced manufacturing, technology-driven growth, and job creation\u2014solidifying its place on India\u2019s tech map.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CM Vishnudev Sai lays foundation of Rs 1,143 crore Polymatech unit in Nava Raipur; eyes Silicon Valley status for Chhattisgarh<\/p>\n","protected":false},"author":1,"featured_media":914,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[116,118,117],"tags":[168],"class_list":["post-912","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-chhattishgarh","category-state","tag-semiconductor-inauguration"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - 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