AEIM To Invest Rs 100 Billion In Raipur Semiconductor Plant

28 Nov 2025 CW Team

Semiconductor materials and electronic components manufacturer AEIM has announced plans to invest Rs 100 billion in its Raipur-based facility by 2030, the company said on Monday.

In a regulatory filing, the firm confirmed it has been allotted 11.28 acres of prime industrial land in Kosala Industrial Park, Nava Raipur, by the Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) for its semiconductor materials manufacturing plant.

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

Chennai-based Artificial Electronics Intelligent Materials Limited (AEIML) noted that the investment is supported by Chhattisgarh’s industrial policy, which offers 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 create over 4,000 high-skilled jobs, nurture engineering talent and drive significant economic growth in the region,” said Vishaal Nandam, Executive Director of AEIM.

The new facility will focus on advanced semiconductor materials such as sapphire ingots and wafers, along with next-generation electronic substrates. Commercial production is expected to begin in Q3 2026, positioning AEIM as one of central India’s most ambitious high-tech manufacturing ventures.

Infrastructure Transport

04 Jun 2026

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..