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.
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.
Mumbai: Television actress Hina Khan, who is battling breast cancer, recently met host Salman Khan…
Mumbai: Following reports of his alleged link-up with bassist Mohini Dey, renowned music composer AR…
Mumbai: The love story of actors Tamannaah Bhatia and Vijay Varma has not been clandestine.…
Puri: Shree Jagannath Temple Administration (SJTA) has received the report of the Ratna Bhandar’s GPR-GPS…
With his debut novel ‘The Other Side of the Rainbow’ published recently, Niranjan Nayak, an…
Bhubaneswar: Odisha outplayed Chhattisgarh 4-1 on Saturday to seal a berth in the final round…
Mumbai: The Telangana government’s notice barring him from singing songs promoting alcohol and drugs at…
Bhubaneswar: Prime Minister Narendra Modi will participate in the ‘Odisha Parba 2024’ programme on Sunday…