Industry Analysis

Global semiconductor sales reached USD 574 billion in the second half of 2022, marking a 3.3% increase from 2021. India’s consumer electronics market has also grown significantly over the past few decades, driven by increasing demand for products like TVs, music systems, and mobile phones since the 1980s and 1990s.

As per the India Semiconductor Association, India’s electronic system design and manufacturing (ESDM) sector is projected to grow from USD 78 billion in FY18 to USD 220 billion by FY25, reflecting a compound annual growth rate (CAGR) of 16%. This expansion is expected to drive the electronics component market, including semiconductors, from USD 27 billion to USD 72 billion by FY25, with a projected CAGR of 15%.
(Source: Industry Research Report and Annual Report)

Overview of Polymatech Electronics

Polymatech’s journey began in 1947 in Tokyo, Japan, under the name Fuji Rubber Co., Ltd. In 1997, it rebranded as Polymatech Co., Ltd., marking a pivotal step toward innovation and global expansion. The company entered the Indian market in 2007 by establishing Polymatech Electronics. In 2018, this division was acquired by the Nandam family, setting the stage for a new era in India’s tech landscape.

By 2019, Polymatech Electronics emerged as India’s first semiconductor chip manufacturer, launching opto-semiconductor chip production using cutting-edge European and Japanese technology. With over 17 years of industry expertise, 25+ strategic alliances, more than 1 billion nano points analyzed for precision and quality, 50+ global partnerships, and 10+ prestigious industry accolades, Polymatech continues to lead through innovation and excellence, shaping the future of semiconductor technology.