- The US company is due to start operations in 18-24 months, producing 150mm silicon carbide for electric cars and other industrial uses.
- An Odisha government delegation has travelled to the US and met with semiconductor industry leaders, pitching Odisha’s positive industrial environment.
- The commitment aligns with India’s ambition to become a global semiconductor hub; the country’s local chip market is projected to be worth $80 billion by 2028.
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