Groundbreaking for Odisha’s First Silicon Carbide Manufacturing Plant
In a significant move for India’s technology landscape, Odisha has launched its first silicon carbide manufacturing plant. Chief Minister Mohan Charan Majhi led the ground-breaking ceremony in Bhubaneswar’s EMC Park, Infovalley. The facility, set up by RIR Power Electronics Limited with an investment of Rs 620 crore, marks a critical step in positioning India, and particularly Odisha, as a leader in the global power electronics sector.
Strategic Growth and Economic Impact
Chief Minister Majhi emphasized that the new facility underlines Odisha’s ambition to become a central hub for semiconductor activities in the nation. “This venture not only pioneers advanced product development but also generates numerous job opportunities for our skilled youth,” Majhi noted. He highlighted that the initiative would attract top talent and promote local innovation, accelerating economic growth and reinforcing Odisha’s stature as a promising site for electronics and semiconductor production.
RIR Power Electronics Limited is known for its broad international reach, selling products across North America, Europe, and Asia, and catering to industries like Railway, Defence, Power, Transportation, Aerospace, and Sustainable Energy. This project is set to enhance India’s self-reliance in semiconductor manufacturing significantly.
Future Prospects and Collaborations
The new facility is projected to generate over 500 jobs spanning research and development to factory operations, thereby boosting large-scale employment. It is expected to transform Bhubaneswar’s industrial scene through the adoption of best practices and sustainable energy solutions while nurturing high-tech expertise.
Moreover, RIR is planning to collaborate with IIT Bhubaneswar for technical and research development, ensuring the continuous evolution of technology and skill in the region. Alongside, Odisha is also fielding multiple investment proposals in semiconductors and related sectors, promising further growth and innovation.
