30 November 2024
Expansion in Next-Gen Connectivity: The company is planning to contribute to the establishment of 5G and 6G infrastructure across India, aligning with the nation’s digital transformation goals.
Strategic Integration to Address Supply Chain Challenges: Efforts are underway for both forward and backward integration to strengthen supply chain resilience and reduce dependency on external factors.
Global Manufacturing Expansion: To counter supply chain disruptions, Polymatech is setting up manufacturing facilities in multiple countries, ensuring a more robust global footprint.
Focus on Innovation and Automation: The R&D team is prioritizing technology assimilation. The company is also progressing towards automating manufacturing processes to achieve a zero-manpower production environment across some processes.
International Collaboration: Polymatech is partnering with the 50-year-old French firm ECM Group to establish a joint venture focused on semiconductor wafer fabrication in Grenoble, France. Operations are expected to commence by 2026, representing a major milestone in global collaboration and technological progress.