Groundbreaking ceremony of Odisha’s second semiconductor unit performed

BHUBANESWAR: Odisha Chief Minister Mohan Charan Majhi performed the groundbreaking ceremony of the state’s second semiconductor unit to be set up here at an investment of Rs 2,500 crore here on Tuesday virtually from the

‘Utkarsh Odisha-Make in Odisha Conclave’ venue. SiCSem Private Ltd is investing Rs 2,500 crore for the compound semiconductor facility in Odisha.

Earlier, the groundbreaking ceremony for a silicon carbide manufacturing unit by RIR Power Electronics was held in September 2024. All these processes lead to manufacturing of electronic power devices that will cater to key sectors such as electric vehicles, energy storage, fast chargers, green energy, industrial tools, data centres and consumer appliances, an official said.

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