Nextgen Semiconductors to Invest ₹8,800 Crore in Dholera SIR, Boosting India’s Chip Manufacturing

Dholera, Gujarat: India’s ambition to become a global semiconductor leader is set to gain momentum as Nextgen Semiconductors has announced a ₹8,800 crore investment to establish a cutting-edge Silicon Carbide (SiC) chip fabrication plant in the Dholera Special Investment Region (Dholera SIR). This strategic move highlights Dholera Smart City’s emergence as a preferred hub for high-tech industries, while also influencing the upward trend in Dholera plot price due to growing investor confidence.

Silicon Carbide Chips | Powering the Future

The new facility will specialize in Silicon Carbide (SiC) power semiconductors, which are increasingly critical for electric vehicles (EVs), renewable energy systems, data centers, and other high-performance technologies. Unlike traditional silicon chips, SiC semiconductors provide superior efficiency in high-temperature, high-power, and high-frequency applications.

This focus ensures that India isn’t just entering semiconductor manufacturing, but also building capabilities in a niche, high-value segment that can power the next generation of global technologies.

Dholera: India’s Next Semiconductor Hub

The choice of Dholera is no coincidence. With world-class infrastructure, dedicated industrial corridors, reliable power supply, and a well-planned logistics ecosystem, Dholera SIR has been designed to attract global technology leaders.

As more high-tech projects are announced, the demand for industrial and residential land is rising steadily, reflected in the increasing Dholera plot price. This trend signals strong investor interest, not only from the technology sector but also from real estate buyers who see Dholera Smart City as a long-term growth opportunity.

Investment Timeline and Collaboration

Nextgen Semiconductors, with backing from Malaysian investor IVP, plans to raise ₹1,000–1,500 crore in the next 12 months to launch the project. Construction is expected to commence by April 2026, with commissioning scheduled within 15 months.

While earlier reports suggested a definitive agreement with Hitachi Energy, the company clarified that a Memorandum of Understanding (MoU) has been signed with Hitachi India and the Gujarat State Electronics Mission (GSEM). This collaboration underlines the state government’s proactive approach to attracting semiconductor investments to Gujarat.

A Boost to the India Semiconductor Mission

The project aligns closely with the India Semiconductor Mission, aimed at reducing import dependency and creating a self-reliant domestic chip ecosystem. Experts believe the facility will generate thousands of high-skilled jobs, accelerate India’s integration into the global semiconductor supply chain, and establish Dholera as a magnet for future technology investments.

Impact on Real Estate and Investments

The announcement has added momentum to the region’s economic prospects. With global attention now on Dholera Smart City, both residential and industrial plot prices in Dholera are witnessing an upward push. Investors looking for long-term opportunities are eyeing Dholera not only as an industrial hub but also as a sustainable smart city with strong growth potential.

Conclusion

The ₹8,800 crore Nextgen Semiconductors project in Dholera SIR is more than just a milestone for India’s semiconductor journey—it is a catalyst for regional development, global investment inflows, and rising Dholera plot price trends. By combining high-tech manufacturing with world-class infrastructure, Dholera Smart City is set to become a cornerstone of India’s technological and economic future.