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Polymatech Electronics: The Chennai-based company will utilize proceeds to the tune of Rs 566 crore to purchase new machinery to boost its existing facility in Tamil Nadu.
Polymatech has successfully completed all required trials with the first phase of imported machinery that has a capacity of 250 million chips. To make India a leading semiconductor manufacturing hub, the government announced a Rs 76,000 crore production-linked scheme (PLI) package last year.
Domestic chip manufacturer Polymatech Electronics on Wednesday said it will invest $1 billion in the country towards semiconductor manufacturing by 2025.Polymatech has signed a memorandum of understanding (MoU) with the Tamil Nadu government ...
New Delhi, Aug 3 (IANS) Domestic chip manufacturer Polymatech Electronics on Wednesday said it will invest $1 billion in the country towards semiconductor