What is Chhattisgarh investing Rs 10,000 crore in?

Chhattisgarh is investing in a new semiconductor materials factory through a strategic land allotment.

When will the new semiconductor factory in Nava Raipur begin production?

Commercial production at the new factory is expected to begin in the third quarter of FY26.

What is Artificial Electronics Intelligent Materials (AEIM) manufacturing?

AEIM will manufacture semiconductor materials at the new facility in Chhattisgarh.

Home / Business and Economy / Chhattisgarh Invests Rs 10,000 Crore in Chip Materials

Chhattisgarh Invests Rs 10,000 Crore in Chip Materials

24 Nov

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Summary

Chhattisgarh grants 11.28 acres for a Rs 10,000 crore semiconductor materials factory.
The plant is set to receive up to a 40% capital subsidy.
Commercial production is anticipated to commence in the third quarter of FY26.

Chhattisgarh Invests Rs 10,000 Crore in Chip Materials

Chhattisgarh is fostering advanced industries by allocating 11.28 acres of land near Raipur for a significant semiconductor materials factory. This strategic move involves an investment of Rs 10,000 crore by Artificial Electronics Intelligent Materials (AEIM).

The new facility, to be located in Polymatech Industrial Park in Nava Raipur, will benefit from a substantial capital subsidy of up to 40%. AEIM has outlined an ambitious timeline, with the first phase of the factory projected for completion by May 2026.

Commercial production is anticipated to commence in the third quarter of the 2026 fiscal year. This development is set to bolster the state's industrial capabilities and contribute to India's growing semiconductor sector.