SiCSem Private Limited has commenced the establishment of a compound semiconductor manufacturing facility in Bhubaneswar, Odisha, with an investment of ₹2,500 crore. The virtual groundbreaking ceremony was led by Chief Minister Mohan Charan Majhi during the Utkarsh Odisha – Make in Odisha Conclave 2025.
This facility will integrate the entire process of manufacturing power devices, starting from raw materials to silicon carbide crystal ingot growth, wafer slicing and polishing, and fabrication. The produced electronic power devices will cater to sectors such as electric vehicles, energy storage, fast chargers, green energy, industrial tools, data centres, and consumer appliances.
The state government has allocated 14.32 acres of land at Infovalley-2 for this project. This development marks Odisha’s second major venture in the semiconductor sector, following RIR Power Electronics’ silicon carbide manufacturing facility at EMC Park in September 2024.
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Union Minister for Electronics and IT, Ashwini Vaishnaw, unveiled the ‘India Semiconductor Market Report 2030’ during the event. The report provides an in-depth analysis of India’s semiconductor market from 2023 to 2030, covering key industries such as handsets, IT, telecom, consumer electronics, automotive, aerospace, and defence. It also offers insights into critical components like processors, memory, connectivity, and power solutions, along with recommendations for increasing local sourcing.
SiCSem’s investment aligns with India’s vision to become a global semiconductor hub, enhancing the country’s capabilities in semiconductor manufacturing and contributing to the growth of various high-tech industries.