Artificial Electronics Intelligent Material (AEIM) has planned to invest Rs 10,000 crore in its Raipur-based facility by 2030. It has been allotted 11.28 acre of prime industrial land by Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) in Kosala Industrial Park, Nava Raipur, Chhattisgarh, for setting up its semiconductor materials manufacturing facility.
The construction of the state-of-the-art facility will commence with immediate effect. The company is utilising advanced post-tensioned slab technology to expedite the construction process, targeting completion of the first phase by May 2026. The investment in Chattisgarh is supported by the state's industrial policy, which has a provision for a capital subsidy of up to 40%. This state-of-the-art facility will establish Raipur as a recognised semiconductor hub in India.
The new facility will focus on advanced semiconductor materials, including sapphire ingots and wafers, and next-generation electronic substrates.
Artificial Electronics Intelligent Material is in the business of developing packaged software solutions.
| Company Name | CMP |
|---|---|
| TCS | 2420.75 |
| Infosys | 1171.00 |
| HCL Tech. | 1192.90 |
| Wipro | 199.35 |
| Tech Mahindra | 1463.85 |
| View more.. | |
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