Dholera News: Nextgen Semiconductors to Invest ₹8,800 Crore in Chip Facility
In a major boost to India’s semiconductor ambitions, Nextgen Semiconductors has announced plans to set up a state-of-the-art chip manufacturing facility in Dholera, Gujarat. The company will invest more than ₹8,800 crore in phases to establish the country’s first fully integrated Silicon (Si) and Silicon Carbide (SiC) power semiconductor platform.
According to the official statement, Nextgen aims to raise around ₹1,000–1,500 crore in the next 12 months through a mix of equity and structured financial instruments to fund the upcoming facility in Dholera.
The Dholera semiconductor project will focus on creating a wafer-to-power electronics ecosystem, covering the entire semiconductor value chain. This initiative is expected to play a vital role in strengthening India’s self-reliance in critical semiconductor technologies.
Once operational, the facility at Dholera, Gujarat, will accelerate innovation in electric vehicles (EVs), renewable energy, data centres, and industrial electronics. Industry experts see this project as a game-changer that could position Dholera as a hub for advanced semiconductor manufacturing in India.
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