Polymatech to invest Rs 550 cr for expansion
26 March 2026
Polymatech Electronics Limited, India’s leading semiconductor manufacturer on Monday announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park, located in the vicinity of its existing manufacturing facility in Oragadam.
The newly secured 4.45 acre land in SIPCOT will enable Polymatech to accelerate the development of its medical devices manufacturing infrastructure. The expansion for which it has earmarked Rs 550 crore, follows the introduction and strong market reception of Polymatech’s latest medical device innovations showcased at CES Las Vegas and HIMSS Las Vegas.
Polymatech Electronics Limited, India’s leading semiconductor manufacturer on Monday announced the execution of a 99-year lease deed for additional land in the SIPCOT Medical Devices Park, located in the vicinity of its existing manufacturing facility in Oragadam.
The newly secured 4.45 acre land in SIPCOT will enable Polymatech to accelerate the development of its medical devices manufacturing infrastructure. The expansion for which it has earmarked Rs 550 crore, follows the introduction and strong market reception of Polymatech’s latest medical device innovations showcased at CES Las Vegas and HIMSS Las Vegas.
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