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- Polymatech Electronics will set up India’s first Gallium Nitride (GaN) semiconductor chip manufacturing plant in Nava Raipur, Chhattisgarh.
- The project involves an investment of ₹1,143 crore and is expected to generate local employment.
- This move aligns with India’s “Make in India” and “Digital India” initiatives to reduce chip import dependency.
- The state government is offering policy support, tax benefits, and infrastructure to attract tech investments.
- The facility supports India’s goal to become a global semiconductor hub amid rising demand.
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