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.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code