RIR Power Electronics to set up first semiconductor unit in Odisha
6 months, 3 weeks ago

RIR Power Electronics to set up first semiconductor unit in Odisha

New Indian Express  

BHUBANESWAR: Odisha on Friday took a significant step towards its goal of becoming a semiconductor hub of the country with the groundbreaking of the first silicon carbide manufacturing facility to be set up by RIR Power Electronics at EMC Park, Infovalley here. It will attract skilled professionals, foster local innovation, drive economic growth and further solidify Odisha’s position as one of the most promising destinations for electronics and semiconductor manufacturing in the country,” he said. Promoters of the company Harshad Mehta and Bhavna H Mehta said RIR Power Electronics has invested heavily in cutting-edge technology, skilled manpower and sustainable practices to ensure that the facility adheres to global standards of manufacturing excellence. The new facility of RIR with a total investment of approximately `620 crore over three years marks a significant step for Odisha’s entry into the power electronics industry.

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