India is set to witness its first Silicon Carbide (SiC) semiconductor manufacturing plant in Odisha, marking a key step towards strengthening the country's presence in the global semiconductor sector.
Sampad Chandra Swain, Minister of Industries and Skill Development of Odisha, expressed his satisfaction as the cabinet approved two semiconductor projects by SicSem Private Ltd and 3D Glass Solutions Inc to be setup in the state, marking a significant step towards making Odisha a hub for
"The Cabinet has given approval for two semiconductor projects by SicSem Private Ltd and 3D Glass Solutions Inc, today. We are working to train our youth in semiconductor technology. We are also making an FDI park in Odisha to attract more investment," Sampad Chandra Swain told ANI.
Indian Institute of Technology (IIT) Bhubaneswar will set up a research lab with an investment of Rs 45 crore in the SiCSem semiconductor unit, said Union Information and Technology Minister Ashwini Vaishnaw on Tuesday.