BHUBANESWAR: In a boost to semiconductor industry, Bhubaneswar on Friday witnessed the ground-breaking ceremony for India’s first Silicon Carbide manufacturing facility, to be established by RIR Power Electronics Ltd at the EMC Park in Infovalley here.
RIR’s products are sold internationally, across North America, Europe, and Asia for use in sectors such as railway, defence, power, transportation, aerospace, and sustainable energy.This project is anticipated to contribute to India’s mission of becoming a hub for semiconductor production.
The inauguration of this cutting-edge facility, with a total investment of approximately Rs 620 crores over three years, signifies a pivotal step for Odisha‘s entry into the power electronics industry,” a statement from the CMO reads.
“This facility will generate over 500 new jobs across various level. It will enhance Bhubaneswar’s industrial landscape by implementing best practices, sustainable energy, and fostering development of advanced technologies while building a skilled and diverse workforce,” it maintained.
Attending the ground-breaking event, chief minister Mohan Charan Majhi said the establishment of RIR Power Electronics Ltd.’s facility is another notable step in the ongoing journey to make Odisha a leading semiconductor hub in India.
“This new facility will not only create state-of-the-art products but also open up a wealth of opportunities for our talented youth, providing them with avenues to work at the cutting edge of technology right here in Odisha,” the CM asserted.
The CMO statement further reads that as India embarks on its journey of developing an indigenous semiconductor ecosystem, Odisha has positioned itself firmly behind this national objective. It is one of the few states in India that have introduced a dedicated Semiconductor Policy.
“In addition to the Semiconductor Policy, Odisha’s flagship O-Chip Programme stands out as a one-of-a-kind initiative that provides comprehensive support to semiconductor design startups, companies, and academic institutions,” it reads.
It states that apart from RIR Power Electronics Ltd., Odisha has received several other investment proposals in semiconductor and related fields for establishment of new facilities in the city. RIR is also in the process of tying up with IIT, Bhubaneswar for technical and research collaboration.