Business Standard ·
Economy, business and finance
FSEZ clears ₹3,406 crore SiCSem semiconductor unit near Bhubaneswar
The integrated facility at Info Valley-II will manufacture SiC diodes and MOSFETs, with projected five-year exports of ₹7,043 crore and employment for around 1,270 people
Odisha is set to get an integrated semiconductor manufacturing unit after the Unit Approval Committee (UAC) of the Falta Special Economic Zone (FSEZ) under the Ministry of Commerce and Industry approved SiCSem Private Limited’s proposal to establish a silicon carbide (SiC) semiconductor facility with an investment of ₹3,406.25 crore at Info Valley-II on the outskirts of Bhubaneswar.
The project, which was among the two semiconductor proposals approved for Odisha under the India Semiconductor Mission (ISM) last year, will come up on 21.889 acres at the Electronic System Design and Manufacturing (ESDM) Park in Info Valley-II.
Sources said the UAC approval clears the way for SiCSem to establish an integrated semiconductor manufacturing facility covering fabrication, assembly, testing, marking and packaging of SiC semiconductor devices.
The proposed unit will manufacture SiC diodes and SiC metal-oxide-semiconductor field-effect transistors (MOSFETs), which are increasingly used in applications requiring high power efficiency, high-temperature performance and faster switching.
According to the project proposal reviewed by Business Standard, the facility is proposed to have an annual production capacity of 4.8 million SiC diodes and 91.2 million SiC MOSFETs.