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Groundbreaking for semiconductor

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Home City Bhubaneswar

Groundbreaking Ceremony For India’s 1st Silicon Carbide Manufacturing Unit Held In Bhubaneswar

by OB Bureau
September 6, 2024
in Bhubaneswar, City, Industry
Reading Time: 2 mins read
Groundbreaking for semiconductor
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Bhubaneswar: Chief Minister Mohan Charan Majhi on Friday attended the groundbreaking ceremony for India’s first silicon carbide manufacturing facility to be set up by RIR Power Electronics Ltd at the EMC Park, Infovalley in Bhubaneswar.

Speaking on the occasion, the Chief Minister said the establishment of the facility is a notable step in the state government’s journey towards making Odisha a leading semiconductor hub in the country. “This new facility will not only create state-of-the-art products but also open huge opportunity for our talented youth, providing them with avenues to work at the cutting edge of technology right here in Odisha,” he said.

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The facility will attract skilled professionals, foster local innovation, drive economic growth, and further solidify Odisha’s position as one of India’s most promising destinations for electronics and semiconductor manufacturing, he added.

The state-of-the-art facility will be set up with an investment of approximately Rs 620 crore over three years. It will create over 500 new jobs across various levels, from R&D to factory operations, providing large-scale employment opportunities.

It will also enhance Bhubaneswar’s industrial landscape by implementing best practices, sustainable energy and fostering the development of advanced technologies while building a skilled and diverse workforce.

RIR’s products are sold internationally, across North America, Europe and Asia for use in sectors such as Railways, Defence, Power, Transportation, Aerospace and Sustainable Energy.

RIR Power Electronics Ltd has invested heavily in cutting-edge technology, skilled manpower and sustainable practices to ensure that the facility adheres to global standards of manufacturing excellence. This project is expected to contribute significantly to India’s mission of becoming a self-reliant hub for semiconductor production.

Principal Secretary, Industry department, Hemant Sharma; Principal Secretary, Electronics and Information Technology (E&IT) department, Vishal Dev; Special Secretary, E&IT, Manas Panda; Director IIT Bhubaneswar Prof Shreepad Karmalkarand; Promoters of the company Harshad Mehta and Chairperson Bhavna H Mehta along with senior professionals of the company were present at the ground-breaking ceremony.

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