Polymatech Electronics cites Nava Raipur for electronics manufacturing project

What the authority posted

On 5 October 2026, the official X account of the Nava Raipur Atal Nagar Vikas Pradhikaran shared a short testimonial from N. Eswara Rao, MD and CEO of Polymatech Electronics. He described why the company picked Nava Raipur for an advanced electronics manufacturing project. The post is promotional. It does not state the project's size, cost or completion schedule, and it does not announce a new government approval.

What is confirmed about the site

Polymatech Electronics Limited said the Ministry of Commerce and Industry, Department of Commerce, had notified its Special Economic Zone for semiconductors and electronic components at Mandir Hasaud, Nava Raipur, in July 2026. The notification covers 10.13 hectares across three plots. The government had granted a Letter of Approval for the zone's development, operation and maintenance on 9 June 2026. The notification also set up an approval committee and treated the zone as an Inland Container Depot under the Customs Act from 6 July 2026.

As of July 2026, this SEZ status is the most recent formal government step found in published reports. Reports describe the zone as meant for export-oriented manufacturing.

Company progress reported in July 2026

On 16 July 2026, Polymatech posted a progress update on the Nava Raipur SEZ. It listed an 11 kV power connection as commissioned, a peripheral boundary wall as completed, and an initial ATMP (assembly, test and packaging) facility set up in a 5,000 sq ft double-jacketed building. The company said ATMP operations were scheduled to start within 10 days and that construction of the main factory building would begin shortly.

Earlier investment figures

Earlier reports, dated before the October post, described a ₹1,143 crore GaN semiconductor plant in Nava Raipur, with the state government's 40% capital subsidy mentioned in one report. Another report said the chief minister laid the foundation stone for the plant, and that the company also mentioned an additional ₹10,000 crore investment in Chhattisgarh. One report described 150,000 sq ft of land in Sector 5 allotted through a tender run by the Nava Raipur Development Authority. These figures come from announcements, not from the October post, and they have not been confirmed in a later government filing found in this research.

What is next

The company has said it will keep working with government authorities on implementation. In a July 2026 announcement about a sapphire crystal-growth puller at its Oragadam campus near Chennai, Polymatech said more pullers would be installed at the notified Nava Raipur SEZ. No firm dates for those installations were found. Operational start dates for the main plant were not confirmed in the sources reviewed.

What is not known

The October 2026 post does not say whether the project named in the testimonial is the same as the GaN plant or the SEZ. It gives no capacity, investment amount, job count or completion date. Readers should treat the company's stated targets as company plans, not as results.