29th January 2025: Odisha has marked a significant achievement in semiconductor manufacturing with the groundbreaking ceremony of SiCSem Pvt. Ltd.’s new Compound Semiconductor Facility. The event took place virtually during the Utkarsh Odisha – Make in Odisha Conclave 2025, with Chief Minister Shri Mohan Charan Majhi leading the initiative. This ₹2,500 crore investment aims to propel the state’s industrial development and establish it as a key hub in the semiconductor sector.
SiCSem’s facility in #Bhubaneswar will revolutionize power electronics by integrating the full process from silicon carbide crystal growth to power device fabrication. This will cater to EVs, green energy, industrial tools & more. #Odisha is emerging as a key semiconductor hub.… pic.twitter.com/mItBQ9q47O
— CMO Odisha (@CMO_Odisha) January 28, 2025
The SiCSem facility, located in Bhubaneswar, will revolutionize power electronics by integrating the entire production process, from silicon carbide crystal growth to the fabrication of power devices. This advancement will support key industries such as electric vehicles (EVs), green energy, and industrial tools, positioning Odisha as a crucial player in the semiconductor ecosystem.
‘‘ଓଡ଼ିଶାରେ ଥିବା ବନ୍ଦରଗୁଡ଼ିକୁ ଇଣ୍ଡଷ୍ଟ୍ରିଆଲ କ୍ଲଷ୍ଟର ସହିତ ଯୋଡ଼ା ଯାଉଛି। ପୁରୁଣା ବନ୍ଦରଗୁଡ଼ିକର ସଂପ୍ରସାରଣ କରାଯାଇ ଏହାକୁ ଆଧୁନିକ ରୂପ ଦିଆଯିବା ସହ ନୂତନ ବନ୍ଦର ନିର୍ମାଣ କରାଯାଉଛି। ଏହାଦ୍ୱାରା ଓଡ଼ିଶା ‘ବ୍ଲୁ ଇକୋନମି’ କ୍ଷେତ୍ରରେ ସାରା ଦେଶରେ ଏକ ପ୍ରମୁଖ ରାଜ୍ୟ ହୋଇପାରିବ।’’ -ଶ୍ରୀ ନରେନ୍ଦ୍ର ମୋଦୀ, ମାନ୍ୟବର… pic.twitter.com/rD8ZoKRt3f
— I & PR Department, Odisha (@IPR_Odisha) January 28, 2025
The Make in Odisha Conclave 2025 has attracted numerous industrialists and delegates, all eager to explore investment opportunities in the state’s growing industrial sector. Many prominent business leaders are keen to contribute financial support to accelerate Odisha’s industrial growth. The event has served as a platform for collaboration between government officials, industry leaders, and investors, with discussions focused on enhancing the state’s manufacturing capabilities.
Odisha’s strategic focus on sectors such as semiconductor manufacturing, renewable energy, and IT has drawn significant attention from industrialists looking for investment prospects. This growing interest further highlights the state’s potential as a key player in India’s industrial landscape. With its pro-business policies, skilled workforce, and robust infrastructure, Odisha is emerging as an attractive destination for investments, expected to create new job opportunities and drive significant economic growth in the region.
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