Odisha Chief Minister Mohan Charan Majhi graced the ground-breaking ceremony of India's first silicon carbide manufacturing facility to be set up in Odisha at an investment of Rs 620 crore.

The project will be developed by RIR Power Electronics Limited, a leader in India's semiconductor power electronics technology at the EMC Park, Infovalley, Bhubaneswar.

This development places India and the state of Odisha squarely at the forefront of the global power electronics market, an official said.