AEIM Secures 11.28 Acres in Kosala Industrial Park, Nava Raipur

Artificial Electronics Intelligent Materials Limited (AEIM) has been allotted 11.28 acres of prime industrial land by the Nava Raipur Atal Nagar Vikas Pradhikaran (NRDA) in the prestigious Kosala Industrial Park. The project benefits from the Government of Chhattisgarh's attractive industrial policy, including a capital subsidy of up to 40%.

Construction of AEIM's state-of-the-art semiconductor materials facility will commence immediately. By employing advanced post-tensioned slab technology, the company will achieve large structural spans and significantly accelerated construction cycles, with de-shuttering possible in just 10 days per floor. The first phase of the multi-storey industrial complex is scheduled for completion by May 2026.

To ensure seamless commissioning, AEIM has already placed orders for cutting-edge semiconductor manufacturing equipment with leading suppliers in Japan, South Korea, and the United States. These systems are currently under production and aligned precisely with the project timeline.

Commercial production at the Raipur facility is slated to begin in Q3 2026, positioning AEIM as one of central India's most ambitious high-tech manufacturing initiatives.

Mr. Vishaal Nandam, Executive Director, AEIM, commented: "The exceptional support extended by the Government of Chhattisgarh exemplifies best-in-class industry-government collaboration. This world-class facility will help establish Raipur as a recognised semiconductor hub. Our ₹10,000-crore investment will create over 4,000 direct high-skill jobs, drive engineering talent development, and inject significant economic momentum into the region."

Ms. Akila Suresh, Corporate Secretary, AEIM, added: "We have already onboarded the second cohort of engineers, who will undergo specialised training at our existing facilities in Chennai, Singapore, and Estonia. Further recruitment phases are planned to build a strong, future-ready talent pipeline."

The new facility will focus on advanced semiconductor materials, including sapphire ingots and wafers, and next-generation electronic substrates. It will play a pivotal role in strengthening India's semiconductor ecosystem and supporting the nation's strategic push towards technological self-reliance.

Shares of DATASOFT APPLICATION SOFTWARE (INDIA) LTD. was last trading in BSE at Rs. 167.15 as compared to the previous close of Rs. 159.20. The total number of shares traded during the day was 238269 in over 897 trades.

The stock hit an intraday high of Rs. 167.15 and intraday low of 151.25. The net turnover during the day was Rs. 38611389.00.

Source : Equity Bulls

Keywords

ArtificialElectronicsIntelligentMaterials INE072B01027 AEIM KosalaIndustrialPark NavaRaipur