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
Real Estate

RBI Rate Cut Boosts Confidence Across Housing Market

Industry Context and Market DynamicsThe real estate industry has welcomed the RBI’s rate cut as a timely boost to affordability and demand. With home prices having risen steadily across major markets, even a marginal reduction in interest rates meaningfully strengthens purchasing power, especially for first-time and mid-income buyers.Ashish Jerath, President – Sales & Marketing, Smartworld Developers, observes:“The RBI’s 25-basis-point cut, bringing the repo rate down to 5.25%, is a timely boost for the real estate sector. Lower interest rates reduce borrowing costs, enabling homeb..

Next Story
Infrastructure Transport

BMC Resumes Rs 170 Billion Road Works, Targets 80 per cent By Jan 2026

Following the withdrawal of the southwest monsoon in October, the Brihanmumbai Municipal Corporation (BMC) has restarted work on 645 roads—covering 297.49 kilometres—under its large-scale concretisation programme. Data shows that more than 60 per cent of the resumed works are located in the western suburbs. Officials said the civic body aims to complete concretisation on 80 per cent of the roads where fresh work has begun by January 2026. Launched in 2022, the Rs 170 billion project seeks to concretise 700 kilometres of roads across Mumbai. All civil works were halted during the monsoon ..

Next Story
Infrastructure Urban

India Pushes Digital Shift In Urban Land Mapping

The Department of Land Resources (DoLR) under the Ministry of Rural Development has convened a National Symposium on NAKSHA – the National Geospatial Knowledge-based Land Survey of Urban Habitations – to advance India’s transition to modern, technology-driven land mapping. Speaking at the inaugural session, Secretary Manoj Joshi underscored the urgent need to move revenue departments away from outdated, tape-based methods and rough hand-drawn sketches. He stressed that adopting latitude–longitude-based digital mapping and GIS-linked registration systems is essential for economic stabi..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App