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

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..