India Launches Silicon Carbide Semiconductor Plant
Odisha has achieved a significant milestone in electronics manufacturing with the groundbreaking ceremony of SiCSem's silicon carbide semiconductor production facility.
The facility, located at Info Valley, Bhubaneswar, is backed by an investment of INR20.67 billion (US$230 million) and is expected to be operational by fiscal year 2028.
- Expected to create around 5,000 direct and indirect jobs.
The ceremony was performed by Chief Minister Mohan Charan Majhi, who marked the beginning of the project.
No specific quotes are available in the given text.
Author's summary: India launches semiconductor plant in Odisha.
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