MIC Electronics Limited Bags ₹114 Crore CFC Project To Boost India’s EMS Manufacturing In Nava Raipur

New Nava Raipur facility to enhance domestic PCB production, reduce import dependence significantly.

MIC Electronics Limited’s upcoming Common Facility Centre (CFC) in Nava Raipur is set to strengthen domestic PCB manufacturing and significantly reduce India’s dependence on imports from countries such as China and Taiwan. Envisioned as a shared manufacturing hub, the facility will provide electronics and EMS players access to advanced PCB fabrication and Surface-Mount Technology (SMT) capabilities within the country.

Under the ₹114 crore state government contract, MIC is responsible for the complete execution of the project — from detailed engineering design and civil construction to procurement of globally sourced, high-grade PCB and SMT equipment, installation, integration, and final commissioning. “The company will design, build, install, and bring the plant to full operational status before handing it over to the government authority. The facility will be owned by the government body”, shared Rakshit Mathur, CEO, MIC Electronics Limited.

Beyond infrastructure development, MIC will manage vendor coordination and ensure commissioning within a strict 300-day timeline. The centre is expected to become operational in the next financial year. After completion, MIC will operate and maintain the plant for a specified period under an operations and maintenance (O&M) contract. However, it will not hold ownership of the asset. Any business profit or loss generated by the facility will accrue to the government authority, while MIC will earn revenue from project execution and maintenance services.

While emphasising its other facilities, Rakshit shared that The CFC will feature advanced testing and validation infrastructure, including environmental test chambers, quality control systems, and integrated production setups aligned with high-reliability standards required for defence and automotive applications. While Industry 4.0 integration remains in the pipeline, the initial rollout will follow the government-approved blueprint, with scope for future technological upgrades.

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MIC brings proven execution capability to the project, backed by its 100,000-square-foot manufacturing facility in Hyderabad, where it operates SMT lines and undertakes electronics production for sectors such as Indian Railways. Its operational experience, established supplier ecosystem, and structured procurement systems strengthened its position during the tender process.

Strategically, the facility is expected to enhance long-term efficiency across India’s EMS ecosystem. As similar CFC models are replicated across states, a distributed manufacturing network could improve logistics efficiency and reduce procurement lead times. The ₹114 crore order also strengthens MIC’s medium-term revenue visibility, supports top-line growth during the execution cycle, and improves asset utilisation across engineering, procurement, and project management verticals.

Additionally, the project is expected to generate direct and indirect employment during both construction and operational phases, with the company coordinating closely with government authorities to enable local hiring and structured workforce development.

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Nitisha Dubey
Nitisha Dubey
Nitisha Dubey is a journalist at EFY. She focuses on startups and innovations with a deep interest in new technologies and business models.

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