Semiconductor materials and electronic components manufacturer AEIM plans to invest Rs 100 billion in its Raipur facility by 2030, the company announced on Monday. In a regulatory filing, AEIM said it has been allotted 11.28 acres of industrial land by the Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) in Kosala Industrial Park, Chhattisgarh, for establishing its semiconductor materials manufacturing unit.

Construction of the state-of-the-art facility will begin immediately. AEIM will employ advanced post-tensioned slab technology to accelerate construction, with the first phase targeted for completion by May 2026.

Chennai-based Artificial Electronics Intelligent Materials Limited (AEIML) said the investment is supported by Chhattisgarh’s industrial policy, which provides a capital subsidy of up to 40 per cent. “This state-of-the-art facility will establish Raipur as a recognised semiconductor hub in India. With our planned investment of Rs 100 billion by 2030, we expect to generate more than 4,000 direct high-skilled jobs, nurture engineering talent and drive substantial economic growth in the region,” said Executive Director Vishaal Nandam.

The new facility will focus on advanced semiconductor materials such as sapphire ingots and wafers, as well as next-generation electronic substrates. Commercial production is scheduled to begin in the third quarter of 2026, positioning AEIM as one of central India’s most ambitious high-tech manufacturing initiatives.