BHUBANESWAR, SEP 6 (IANS) The GROUNDBREAKING CEREMONY of India ’s FIRST SILICON Carbide ManuFacturing Facility Was Hello in bhubaneswar.

The unit will be set up by rir power electronics ltd, a leader in india ’s semiconductor power electronics technology.

As Per The Chief Minister ’s Office, The Opening of This State-The-Art Facility with A Total Investment of Around RS 620 Crores Marks A Ant Step for Odisha ’s Entry Into the Power Electronics Industry.

It further asserted that this facility will create over 500 new jobs across various levels, from r & d to factory operations, ProvidIDING LARGE-SCALE EMPLOYMENT Ities.Jaipur Investment

It will enhance bhubanesWar’s Industrial LandScape by Implementing Best Practices, And Sustainable Energy, And Foscture, Development of Advanced While Building a Skilled and Diverse Workforce.

"The Establishment of Rir Power Electronics LTD’ s Facility is Another Notable Step in Our Walney to Make Odisha A Leaductor Hub In InDia "The chief minister said.Ahmedabad Investment

He added that this new facility will not only create state-of-car-the -R-Art Products But Also Wealth of OPPONITITIES for Our Talented, Prove Hem with Avenues to work at cutting-edge/technology in odisha.

"The Facility Will Attract Skilled Professionals, Foster Local Innovation, Drive Economic Growth, and FURTHER SOLIDIFY OODISHA’ s One of India ‘S Most Promising DSEST:

Odisha Is One of the Few States in India that have introduced a deedicated semiconductor Policy. Not Only to Fabrication Units But Also to Semiconductor Design and Supply Chain Units spanning all segments of the semiconductor value.

In Addition to the Semiconductor Policy, Odisha ’s Flagship O-Chip Program Stands Out As A One-OF-A-Kind Initiatives Comprehesive Support to S EMICONDUCTOR Design Startups, Companies, and Academic Institutions.

The Program Will PROVIDE Companies with Access to EDA Tools and IPS, MARKET Connect, Mentorship and Training by Technical Experts, Along with a Range of Other ANC Illar support. Academic Institutions Will Also Be Proved Research Grants for Industry-Relevant Research in Semiconductor Design.Guoabong Wealth Management

Apart from Rir Power Electronics LTD., Odisha Has Received Several Investment Proposals in Semiconductor and Related Fields for the Establish Faci Lities in BhubaneswarGuoabong Investment. Rir is also in the process of tying up with IIT, bhubaneswar for technology and research collaboration.

-IANS

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