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AEIM To Invest INR10,000 Cr in Semiconductor Plant Nava Raipur

Artificial Electronics Intelligent Materials Limited (AEIM), a Chennai-based company, is investing INR 10,000 crore to establish an advanced semiconductor materials manufacturing plant in Nava Raipur, Chhattisgarh.
AEIM to Invest INR10,000 Cr in Semiconductor Plant Nava Raipur

The facility will focus on producing critical semiconductor materials such as sapphire ingots, wafers, and next-generation electronic substrates, bolstering India’s semiconductor supply chain and technological self-reliance.

The project secured 11.28 acres in the Kosala Industrial Park and is scheduled to commence commercial production by the third quarter of 2026. AEIM expects the initiative to create over 4,000 direct high-skilled jobs in the region, fostering engineering talent development and economic growth.

The company will implement cutting-edge construction technologies for rapid development, aiming to complete the first phase of the multi-storey industrial complex by May 2026.

AEIM has already placed orders for advanced semiconductor manufacturing equipment from leading global suppliers in Japan, South Korea, and the United States to align with the production timeline.

AEIM’s investment is a strategic move to strengthen India’s position in the global semiconductor industry, supporting national initiatives aimed at reducing dependence on imports and boosting domestic innovation.

The project aligns with the broader vision of developing Chhattisgarh into a pivotal technology and manufacturing hub.

AEIM to Invest INR10,000 Cr in Semiconductor Plant Nava RaipurLeadership Comments

Vishaal Nandam, Executive Director of AEIM, emphasized the importance of the partnership with the Chhattisgarh government, stating, “The exceptional support extended by the Government exemplifies best-in-class industry–government collaboration. This world-class facility will help establish Raipur as a recognized semiconductor hub, driving significant economic momentum for the region.”

Akila Suresh, AEIM’s Corporate Secretary, added, “We have initiated specialized training for our engineers at facilities in Chennai, Singapore, and Estonia, with further recruitment phases planned to build a strong, future-ready talent pipeline.”

VOLT TEAM
VOLT TEAMhttps://thevoltpost.com/
The Volt Team is The Volt Post’s internal Editorial and Social Media Team. Primarily the team’s stint is to track the current development of the Tech B2B ecosystem. It is also responsible for checking the pulse of the emerging tech sectors and featuring real-time News, Views and Vantages.

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