India's 1st Silicon Carbide manufacturing facility to be set up in Odisha

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Attending the event, Chief Minister Mohan Charan Majhi said, The establishment of RIR Power Electronics Limited's facility is another notable step in our ongoing journey to make Odisha a leading semiconductor hub in India.

Odisha Chief Minister Mohan Charan Majhi Friday graced the ground-breaking ceremony of India's first silicon carbide manufacturing facility to be set up in Odisha at an investment of Rs 620 crore.

This development places India and the state of Odisha squarely at the forefront of the global power electronics market, an official said.

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Category: BusinessFinance

Markets: India

Topics: Odisha Silicon Carbide CM Majhi Manufacturing Silicon Carbide facility

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-07 @ 07:03:44 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 423 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 22395393

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