The proposed investment and land requirements remain preliminary
Spintronics AI Semiconductors is evaluating the feasibility of establishing a gallium nitride (GaN) semiconductor fabrication facility at Vikram Udyogapuri in Ujjain, Madhya Pradesh, with a preliminary investment programme of approximately ₹2,800 crore.
The Hyderabad-based semiconductor design and product engineering company is considering around 40 acres for the proposed project, including approximately 24 acres for Phase I. The first phase could involve an investment of up to ₹800 crore, with subsequent expansion planned according to technology readiness, market demand and commercial requirements.
Following an invitation from the Government of Madhya Pradesh, the company’s team visited the proposed site and shared its initial observations with the state government. Spintronics AI and its technical and industry experts are assessing the location’s suitability for semiconductor fabrication, including air quality, environmental conditions, water availability and quality, power reliability, utilities, cleanroom requirements, logistics, waste management and supporting infrastructure.
The proposed investment and land requirements remain preliminary and are subject to detailed feasibility assessments, project structuring, applicable incentives and necessary approvals.
At full development, the project could generate up to 1,000 direct jobs and approximately 2,800 indirect employment opportunities across semiconductor engineering, manufacturing, equipment, infrastructure, supply chains and supporting industries. These preliminary projections will depend on the final project scope and phased implementation.
Raghu Varma, Founder and CEO of Spintronics AI Semiconductors, said, “Madhya Pradesh’s push to bring the technology of the future to the state gives us the opportunity to build capability in stages, with design and engineering strength in Indore and GaN technology development in Ujjain reinforcing each other. We want every stage to be earned through sound technical and environmental assessment, so that what we eventually build in India is commercially viable and built to last.”
Following discussions with Chief Minister Dr Mohan Yadav, the Government of Madhya Pradesh issued a Letter of Intent (LOI) to Spintronics AI, reflecting its interest in facilitating the company’s semiconductor research and development (R&D), design and product engineering activities in the state. The proposed support includes suitable space and ecosystem assistance for an early-stage presence.
Separately, Spintronics AI is exploring GaN technology development in collaboration with CSIR–Central Electronics Engineering Research Institute (CSIR-CEERI), Pilani. The collaboration forms part of the company’s broader efforts to assess pathways for indigenous GaN technology development and potential domestic manufacturing.
The proposed Ujjain facility remains under preliminary feasibility evaluation. Any final investment decision and implementation timeline will depend on technical, commercial, environmental and infrastructure assessments, project requirements and the necessary approvals.
