Try GOLD - Free
Land allotted for semiconductor material plant
Business Standard
|November 25, 2025
Chhattisgarh has given 11.28 acres near Raipur to a company that will set up a semiconductor material factory for an investment of 10,000 crore, saying the “strategic allotment” will help promote advanced industries in the state.
Artificial Electronics Intelligent Materials (AEIM) will get a capital subsidy of up to 40 per cent to set up the facility in Polymatech Industrial Park in Nava Raipur. AEIM aims to complete the first phase of the factory by May 2026, said a state government spokesperson. Commercial production is expected to begin in the third quarter of FY26. The company will manufacture semiconductor materials such as sapphire ingots, wafers, optoelectronic componen
This story is from the November 25, 2025 edition of Business Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Business Standard
Business Standard
'Earnings recovery expected to gather momentum by FY27'
Markets are neither inexpensive enough to warrant a sharp rerating nor stretched enough to pose immediate downside risks, says Neelesh Surana, chief investment officer, Mirae Asset Investment Managers India. In an interview with Samie Modak in Mumbai, Surana says domestic equity market performance is likely to mirror the underlying earnings trajectory, with profit growth expected to remain in the low-teens over the next couple of years. Edited excerpts:
3 mins
December 18, 2025
Business Standard
Regulating higher education
The focus must be on improving outcomes
2 mins
December 18, 2025
Business Standard
Foreign varsities in India can save $113 bn in forex: Report
Foreign universities operating in India could serve more than 560,000 students by 2040, generate $113 billion in forex savings and create 19 million sq ft of specialised demand for high-quality education-linked real estate, according to a new report.
1 min
December 18, 2025
Business Standard
India to witness dip in coal-based power generation: IEA
India is set to register only the third year-on-year decline in coal fired power generation in five decades, as an early and strong monsoon season lowers electricity demand and boosts hydropower output, according to a report by International Energy Agency (IEA).
1 min
December 18, 2025
Business Standard
CGD transportation cost set to come down by ₹1,000 cr annually
Delivered prices of CNG likely to reduce by ₹1.25-2.50/kg and domestic PNG by 0.90-1.80/scm
1 mins
December 18, 2025
Business Standard
India, Ethiopia elevate ties to strategic partnership
Focus on cooperation in mining, critical minerals, DPI and clean energy
3 mins
December 18, 2025
Business Standard
FinMin asks 3 RRBs to give IPO blueprint by March-end
The Ministry of Finance has asked three regional rural banks (RRBs) to submit their draft initial public offering (IPO) plans to their respective sponsor banks as well as the Department of Financial Services (DFS) by the end of March, according to a senior government official who spoke on the condition of anonymity.
2 mins
December 18, 2025
Business Standard
Sebi overhauls MF cost framework, stockbroking rules
Introduces base expense ratio from April 1
2 mins
December 18, 2025
Business Standard
Time to raise the bar in services exports
Growth in travel, wellness, and financial services is essential to reduce concentration risk
4 mins
December 18, 2025
Business Standard
Govt incentives must for EVs, not hybrids: House panel
The Centre's incentives must be directed at electric vehicles (EVS) rather than hybrid cars, as the latter fundamentally depend on fossil fuels and continue to emit tailpipe pollutants unlike \"true zeroemission vehicles\", a parliamentary standing committee stated in a report tabled in the Rajya Sabha on December 12.
1 min
December 18, 2025
Listen
Translate
Change font size