Odisha Inaugurates India's First Silicon Carbide Manufacturing Facility
Odisha Chief Minister Mohan Charan Majhi inaugurated India's first silicon carbide manufacturing facility by RIR Power Electronics Limited at an investment of Rs 620 crore. This facility in Bhubaneswar aims to position Odisha as a semiconductor hub, create over 500 jobs, and boost local innovation and economic growth.
Odisha Chief Minister Mohan Charan Majhi on Friday inaugurated the ground-breaking ceremony of India's first silicon carbide manufacturing facility in Odisha.
Developed by RIR Power Electronics Limited at an investment of Rs 620 crore, the facility positions both India and Odisha at the forefront of the global power electronics market. The chief minister highlighted the immense opportunities for local youth, promoting technological innovation and economic growth.
Officials stated the facility will boost skilled employment opportunities, attract international market interest, and solidify Odisha's growing reputation in the electronics and semiconductor industry. Additional investments and collaborations with institutions like IIT Bhubaneswar further support this vision.
(With inputs from agencies.)
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