Bhubaneswar: The Odisha Cabinet today cleared 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 groundbreaking ceremony for the manufacturing facility was held on September 7 last year at the Electronic Manufacturing Cluster (EMC) Park in Info valley in Bhubaneswar.
The facility will focus on SiC-based devices, catering to electric vehicles (EVs), renewable energy, railways and defence and is expected to create 750 jobs.
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.
The project is poised to position Odisha as a leader in India’s semiconductor ecosystem, driving industrial growth, local supply chain development and skilling opportunities.