Odisha to Get Rs. 30,000 Crore Semiconductor Unit Set Up by UK-Based Firm

A UK-based company is planning to set up a semiconductor fabrication unit in Odisha’s Ganjam district with an investment of Rs. 30,000 crore in the first phase, officials said.

The SRAM & MRAM Technologies and Projects India Pvt Limited, the Indian unit of UK-based SRAM & MRAM Group, had signed a memorandum of understanding (MoU) with the state government on March 26 to set up the semiconductor unit in the state.

After visiting some sites near…