India’s first silicon carbide semiconductor unit to come up in Odisha; Cabinet approves incentive package

RIR Power Electronics Limited is set to establish India's first silicon carbide (SiC) semiconductor manufacturing facility in Bhubaneswar, Odisha, with an investment of ₹618.60 crore. The state Cabinet, led by Chief Minister Mohan Charan Majhi, has approved a customized incentive package for this project. **Key Highlights:** - **Project Phases:** The development will occur in two phases, focusing on SiC-based devices for sectors such as electric vehicles (EVs), renewable energy, railways, and defense. - **Employment Opportunities:** approximately 750 jobs are expected to be created through this initiative. - **Technological Advancement:** This will be India's first compound semiconductor fabrication unit, enhancing domestic manufacturing capabilities with advanced processes like epitaxial layer deposition and packaging. - **Company Profile:** RIR Power Electronics is currently India's sole manufacturer of silicon-based power devices, serving clients including BHEL, ABB, and Indian Railways. The groundbreaking ceremony for this facility took place on September 7, 2024, at the Electronic Manufacturing Cluster (EMC) park in Infovalley, Bhubaneswar. This strategic project is poised to position Odisha as a leader in India's semiconductor ecosystem, driving industrial growth, developing local supply chains, and creating skill development opportunities. Chief Minister Majhi emphasized the project's significance in advancing the state's industrial landscape. The establishment of this facility marks a significant milestone in India's technological advancement, particularly in the semiconductor sector, and reflects the country's commitment to self-reliance in high-tech manufacturing. https://sambadenglish.com/latest-news/indias-first-silicon-carbide-semiconductor-unit-to-come-up-in-odisha-cabinet-approves-incentive-package-8643954