Utkarsh Odisha Conclave: SiCSem to invest Rs 2500 Cr in Semiconductor manufacturing

Bhubaneswar: SiCSem Pvt. Ltd, a company that manufactures semiconductor materials for power electronics is setting up a ‘Compound Semiconductor Facility’ in Bhubaneswar.

Chief Minister Mohan Charan Majhi today performed its virtual groundbreaking ceremony at the Utkarsh Odisha- Make in Odisha Conclave-2025.

SiCSem is investing Rs. 2500 Crore for the project in Odisha.

With this, Odisha has achieved another milestone in semiconductor manufacturing. This is the second major project in semiconductor sector. Before this, the groundbreaking for silicon carbide manufacturing by RIR Power Electronics was held in September 2024. The company has been setting up its facility at EMC Park, Infovally.

The facility will integrate the entire process of manufacturing power devices starting from raw materials to silicon carbide crystal ingot growth, wafer slicing & polishing and the process of fabrication. 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, consumer appliances and many other appliances.

The proposal for setting of this facility was approved in 34th meeting of HLCA. The State Govt. has allotted 14.32 acres of land at Infovally-2 for the purpose.

Congratulating the company for its semiconductor venture in Odisha, the Chief Minister said that it has shown its commitment towards Odisha’s progress. This project of SiCSem marks another milestone in our journey to realize the vision of Hon’ble Prime Minister to make India a global semiconductor hub, he added.

Among others, Union Minister for Electronics & IT Ashwini Vaishnaw, Odisha Electronics & IT Minister Dr. Mukesh Mahaling were present. From SiCSem, Director Sri Ranjit Pendurthi was present.