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    <author>ENA</author>
    <category>Sectors</category>
    <date>2022-12-05 11:34:01</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;Bhubaneswar, Dec 5 (KNN)&lt;/strong&gt; The United Kingdom-based SRAM &amp;amp; MRAM on Saturday announced their plan to invest Rs 2 lakh crore in Odisha to set up semiconductor unit in the state.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The announcement regarding the same was made during the Make in Odisha (MIO) Conclave, 2022 which concluded yesterday.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;&lt;a href=&quot;https://bit.ly/3B9mZSj&quot;&gt;&lt;img alt=&quot;FOLLOW US on GOOGLE NEWS&quot; src=&quot;https://knnindia.co.in//uploads/gallery/GoogleNews.jpg&quot; style=&quot;border-style:solid; border-width:1px; height:95px; margin:1px; width:299px&quot; /&gt;&lt;/a&gt;&lt;/strong&gt;&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Speaking about the plans, SRAM &amp;amp; MRAM Group vice-chairman Gurujee Kumaran Swami and company's Odisha in-charge Debadutta Singh Deo said the group will invest Rs 30,000 crore in the first phase.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;As per reports, the company delegation had met Chief Minister Naveen Patnaik earlier and had briefed him on the proposed project. They also discussed in detail about the project with chief secretary SC Mohapatra, Industries secretary Hemant Sharma and other officials.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The Odisha government during the Make in Odisha conclave received large investment commitments and signed multiple MoUs in Electronics and IT. A direct investment commitment of Rs 8,200 crore has been received which is likely to create over 40,000 jobs in the state, an official said.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The big names which made investment commitments or signed MoUs include Intel, Oracle, Global Foundries, Jupiter Solar, Deloitte, IBM, Happiest Minds, Adani Group, EY, and Aaron Capital.  &lt;em&gt;&lt;strong&gt;(KNN Bureau)&lt;/strong&gt;&lt;/em&gt;&lt;/span&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>31445</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/uk-based-sram-mram-group-to-set-up-semiconductor-unit-in-odisha</link>
    <pubDate>2022-12-05 11:34:01</pubDate>
    <source>knnindia.co.in</source>
    <title>UK-based SRAM &amp; MRAM group to set up semiconductor unit in Odisha</title>
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