AEIM To Invest Rs 100 Billion In New Raipur Semiconductor Plant
ECONOMY & POLICY

AEIM To Invest Rs 100 Billion In New Raipur Semiconductor Plant

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.

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.

Next Story
Infrastructure Transport

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Next Story
Infrastructure Urban

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

Next Story
Infrastructure Urban

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement