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Wed Sep 03 13:26:44 UTC 2025: Okay, here’s a news article summarizing and rewriting the provided text:
**Odisha Poised to Become Semiconductor Hub as RIR Power Electronics Gears Up for Chip Production**
**Bhubaneswar, Odisha – September 3, 2025** – Odisha is set to become a significant player in India’s burgeoning semiconductor industry as RIR Power Electronics Ltd. is expected to commence “full-fledged” commercial production of electronic chips by March 2026. The announcement was made by Vishal Dev, Principal Secretary in the Electronics and Information Technology Department of the Government of Odisha, on the sidelines of Semicon India 2025.
“The commencement of commercial production at the semiconductor maker’s Bhubaneswar plant is of immense significance to the eastern-Indian state,” said Mr. Dev.
RIR Power received ₹32.56 crore in fiscal support for Phase 1 of its silicon carbide manufacturing plant on September 1st. The overall project is valued at approximately ₹618 crore across two phases.
Mr. Dev also highlighted that SiCSem and 3D Glass Solutions are also expected to start production in two years. SiCSem is partnering with Clas-SiC Wafer Fab Ltd. (U.K.) to establish the first commercial compound fab in India, while 3D Glass Solutions will be setting up an advanced packaging and embedded glass substrate unit. Both facilities will be located in Info Valley, Bhubaneswar.
The Union Cabinet approved these manufacturing units, including those in Odisha, on August 12, with a total investment of ₹4,600 crore across four states.
Mr. Dev emphasized Odisha’s advantages, including its status as a power-surplus state with abundant water resources. “We have 11% of the country’s water resources whereas we are 3% of the country’s overall population,” he stated, adding, “We also have the cheapest power in the country.”
The state’s Electronics Component Manufacturing (OECM) Policy, 2025, offers substantial incentives, including a 30% capital investment subsidy with no ceiling. Furthermore, the first five assembly, testing, marking, and packaging (ATMP) projects, along with the first three fabs, will receive a 50% subsidy, also without any cap. The state also prioritizes skills development within the sector. With these strategic advantages and attractive incentives, Odisha is firmly positioning itself as a leading destination for semiconductor manufacturing in India.