The Odisha Cabinet chaired by Chief Minister Mohan Majhi on Wednesday approved a customized incentive package for RIR Power Electronics Limited (RIR) to establish India’s first Silicon Carbide (SiC) semiconductor manufacturing facility in Bhubaneswar with a total investment of Rs 618.60 crore.
The project will be implemented in two phases. The ground breaking ceremony for the manufacturing facility was held on 7 September, 2024 at the Electronic Manufacturing Cluster (EMC) Park in Infovalley, Bhubaneswar. The facility will focus on SIC-based devices, catering to electric vehicles (EV5), renewable energy, railways and defense and is expected to create 750 jobs.
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It will be India’s first compound semiconductor fab, significantly enhancing domestic manufacturing capabilities with high-value processes like epitaxial layer deposition and packaging.
RIR is India’s sole manufacturer of silicon-based power devices, serving clients like BHEL, ABB, and Indian Railways.
This project is poised to position Odisha as a leader in India’s semiconductor ecosystem, driving industrial growth, local supply chain development and skilling opportunities, the Chief Minister Minister later said addressing media persons.