# MIC Electronics Wins ₹114 Crore Contract for Nava Raipur Facility

URL: https://technosports.co.in/mic-electronics-wins-114-crore-contract/  
Published: 2026-01-30  
Updated: 2026-01-30  
Author: Hardik Dhamija

MIC Electronics Limited has secured a ₹114.10 crore contract from Nava Raipur Atal Nagar Vikas Pradhikaran (NRANVP) to design, develop, and operationalize a Common Facility Centre (CFC) at Sector 22, Nava Raipur. The 10-month project aims to strengthen the electronics manufacturing ecosystem in Chhattisgarh.

## Project Overview at a Glance

| **Detail** | **Information** |
| --- | --- |
| **Contract Value** | ₹114.10 crore |
| **Project Duration** | 10 months |
| **Location** | Sector 22, Nava Raipur Atal Nagar |
| **Client** | NRANVP (Nava Raipur Atal Nagar Vikas Pradhikaran) |
| **Scope** | Design, develop, commission, operationalize CFC |
| **Target Users** | MSMEs, startups, system integrators |

## What’s Being Built

The Common Facility Centre is a shared manufacturing and technology infrastructure providing centralized access to advanced machinery, engineering infrastructure, utilities, and testing systems. By enabling shared access to capital-intensive capabilities, the facility significantly lowers entry barriers for small and medium enterprises.

**Key Capabilities:**

- Electronics manufacturing services (EMS)
- Precision assembly and system integration
- Prototyping and testing validation
- Industrial and institutional technology operations

The model accelerates time-to-market, improves capital efficiency, and enables scalable growth for multiple users within Nava Raipur.

![MIC Electronics](https://technosports.co.in/wp-content/uploads/2026/01/MIC-Electronics-1-1-1024x576.jpg)

## Why MIC Electronics

MIC Electronics operates two in-house Surface Mount Technology (SMT) production lines equipped with advanced electronic manufacturing and testing systems. This operational experience in shared manufacturing environments positions the company to design manufacturing-optimized layouts, deploy precision machinery, establish safety and quality protocols, and ensure long-term facility operation.

“Our objective goes beyond asset creation to building a platform that supports electronics manufacturing, technology-led enterprises, and industrial scale-up,” explains Rakshit Mathur, CEO at MIC Electronics Limited. “With our experience in operating in-house SMT lines and advanced manufacturing facilities, we’re well-positioned to design, commission, and sustain common facilities aligned with real-world manufacturing needs.”

## Economic Impact

**Employment Generation:** The project is expected to create several hundred direct and indirect jobs during both execution and operational phases across engineering, electronics manufacturing, system integration, operations, maintenance, logistics, and ancillary services.

**Industrial Development:** The CFC acts as a catalyst for attracting investments in electronics and allied sectors across Nava Raipur and Chhattisgarh, supporting enterprise growth in the region.

## Strategic Alignment

The development aligns with national and state initiatives:

**National Programs:** [Make in India](https://www.makeinindia.com/), Atmanirbhar Bharat, Ease of Doing Business

**State Policies:** Chhattisgarh’s MSME and industrial promotion policies

**Regional Vision:** Supports Nava [Raipur](https://technosports.co.in/?s=Raipur) Atal Nagar’s positioning as a planned, future-ready capital city

The project strengthens India’s push toward cluster-based and self-reliant manufacturing—critical as global supply chains restructure and domestic electronics production scales up.

![](https://technosports.co.in/wp-content/uploads/2026/01/MIC-Electronics-2-1-1024x614.jpg)

## About MIC Electronics

MIC Electronics Limited is a technology-driven engineering and manufacturing company with over three decades of experience in electronics, system integration, and large-scale public and industrial projects. The company has delivered multiple government and PSU projects covering design, engineering, manufacturing, installation, testing, commissioning, and long-term operations and maintenance.

With in-house SMT manufacturing capabilities and pan-India presence, MIC Electronics continues delivering next-generation manufacturing-led infrastructure across India.

For more infrastructure and manufacturing news, visit TechnoSports.

## FAQs

### **What is a Common Facility Centre?**

A shared manufacturing and technology infrastructure providing MSMEs and startups access to advanced machinery and testing systems without requiring individual capital investment.

### **When will the facility be operational?**

The 10-month project timeline suggests operational readiness by late 2026 or early 2027.