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

AEIM To Invest Rs 100 Billion In Raipur Semiconductor Plant

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.

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.

Next Story
Resources

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Next Story
Real Estate

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Next Story
Real Estate

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement