Indigenous company Polymatech has started manufacturing and releasing Made-in-India Opto-Semiconductors and Memory Modules in the market.
Production of opto-semiconductors, which are used in lighting, medical and food hygiene applications and memory modules, has begun at India’s first and foremost semiconductor chip maker powered by Japanese technology.
1 million per day target
The company’s main manufacturing plant in Kancheepuram, Tamil Nadu, currently produces 400,000 chips per day, which are already on the market. The Chennai-based company expects to reach its full capacity of 1 million per day within the next few months (300 million chips per year).
This manufacturing growth follows the company’s July announcement of a massive business expansion and a total investment of $1 billion in semiconductor chip manufacturing.
Polymatek offers opto-semiconductors fully packaged in HTCC (High-Temperature Co-fired Ceramic Substrates) and COBs (Chip On Board).
HTC and COB are both closed devices conceived, designed and developed entirely by Polymatec.
COBs are packaged for high-power lighting applications such as stadium lighting, port lighting, airport lighting, etc., while opto-semiconductors packaged in HTCC substrates are used in aircraft, subway trains, mining stations and traffic lights, among other things. is done. ,
In addition, UVA chips in production are used in medical and food hygiene applications. The memory module manufactured by Polymatec is an essential component of all major electronic systems.
Easwar Rao Nandam, Founder President, Polymatek, said: “Our Optos deliver a CRI (Color Rendering Index) of over 97%.”
He also said that by 2029, the global semiconductor industry market size is estimated to be $1,340 billion and the Indian market will become a significant part of this industry with an estimated growth of $64 billion by 2026.
“This, coupled with the ongoing chip shortages around the world, makes up for immense growth potential. At Polymatec, we aim to take full advantage of this global opportunity and become one of the largest chip makers in Asia by 2025,” Nandam said.
Polymatech is also nearing completion of production trials for semiconductor chips with medical and general applications and is expected to play a key role in its semiconductor manufacturing facility in Tamil Nadu.
industry opinion
After Polymatech announces that it is rolling out made-in-India semiconductor chips, News18 reached out to some industry experts to understand what such a move means India And what will be the roadmap ahead for other manufacturers.
Sumit Garg, MD and co-founder of Luxury Ride, said: “We all know that the semiconductor production industry has always been highly focused. Taiwan and South Korea are the major players when it comes to exporting semiconductors, to the auto industry. It had to bear the brunt during the pandemic.”
According to him, even in the post-pandemic times, imports from these countries were disrupted, leading to long waiting periods and significant price increases.
Hence he believes that the time has come to produce semiconductors in India to meet the growing demand of the domestic automotive industry.
Further, Garg said: “I am hopeful that procurement of raw materials such as ultrapure water and slivers of silicon neon and hexafluorobutadiene gases will not be an issue and measures will be taken to ensure smooth functioning of the plant because ultimately, we have to export. We should aim to market our products to the global market as well, but before that, we need a strong infrastructure first in our country.”
Recently, Vedanta and Foxconn have agreed to set up a $20 billion semiconductor and display unit in Gujarat.
Garg finds this agreement a positive step for the automobile industry and believes that the Vedanta-Foxconn unit will also contribute in making India self-reliant, reducing dependence on other countries.
“Going forward towards achieving the aspirational semiconductor ambition, the Gujarat unit will boost the economy as well as employment opportunities in the country,” he added.
About Polymatec, another industry expert, Kalyan C Korimerla, MD and co-promoter of Atrio, said: “This is a significant step forward for the automotive industry in India. We congratulate the rollout of Made in India semiconductor chips as it aligns with the Industry 4.0 vision and will further ease EV manufacturing in India.
“It is exciting to see the entire green mobility ecosystem transforming at a rapid pace. While most of the global automotive supply chain already runs through India, this will allow India to create a self-sustaining manufacturing base that is less dependent on imports of high-tech auto components,” Korimarla said.
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