Sram & Mram Group to invest Rs 2 lakh cr in Semiconductor unit in Odisha

Bhubaneswar: Sram & Mram Group, UK Vice Chairman Dr. Gurujee Kumaran Swami declared two lakh crore investment in Semiconductor Unit in Odisha at the Make in Odisha Conclave, 2022.

Gurujee Kumaran Swami declared two lakh crore investment in in phased manner in the Semiconductor business in Odisha. The Group Vice Chairman Dr. Gurujee Kumaran Swami and Odisha Incharge Dr Debadutta Singh Deo briefed press at the conclave.

The group will invest Rs 30,000 crore in the first phase.

Earlier they met Chief Minister Naveen Patnaik and briefed him the project. They also discussed in detailed project with the Chief Secretary, the Principal Secretary of Industry and MD, IPICOL.

Among others, the press briefing was attended by officials of Govt of Odisha, LN Agrawal, Er. Rohini Singh Deo and Er. Priyanka Singh Deo.

The group thanked the state government for accepting the proposal with a short notice.