Nextgen Semiconductors has announced plans to raise Rs 10–15 billion) over the next 12 months through equity and other financial instruments to fund its upcoming semiconductor manufacturing facility in Gujarat.

The company has committed over Rs 8,800 crore (Rs 88 billion) in phased investments to build a fully integrated silicon power semiconductor platform at the Dholera Special Investment Region (SIR). This project marks a significant step in advancing India’s semiconductor ecosystem and aligns with the Central government's goal of reducing import dependence in the electronics sector. It also reinforces Gujarat's positioning as an emerging hub for high-tech and electronics manufacturing.

The Dholera facility is expected to contribute to domestic chip production and support India’s ambitions to become a global semiconductor player.