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Spintronics AI Evaluates ₹2,800 Crore GaN Semiconductor Project in Ujjain

AI · First reported 27 Oct, 05:46 · Updated 07:53

Image: Electronics For You BUSINESS

Spintronics AI is assessing a proposed GaN semiconductor fabrication facility in Ujjain, with investment, land, and employment projections still subject to feasibility work and approvals.

  • The proposed project at Vikram Udyogapuri has a preliminary investment estimate of about ₹2,800 crore and could require around 40 acres.
  • Phase I could cover approximately 24 acres and involve investment of up to ₹800 crore.
  • The company is evaluating site conditions and infrastructure; the article says final investment and timing depend on assessments and approvals.
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