New Delhi/Bhubaneswar, September 18 (IANS). Odisha has given a new lease of life to its semiconductor ambitions at Semicon India 2026. The state has received investment proposals worth about Rs 23,600 crore, which is expected to create more than 6,100 employment opportunities. Chief Minister Mohan Charan Majhi himself is leading high-level meetings with the industry.
During Semicon India 2026, the Chief Minister held meetings with delegations from Japan, Sweden and Taiwan as well as global tech companies such as Lam Research, Applied Materials, 3D Glass Solutions, Cyient, Linde and Horiba India. During this, a letter of intent was also signed with QuadQuantum regarding a semiconductor facility to make SiC substrate wafers.
On this occasion, the Chief Minister made a big announcement saying that Odisha Silicon Valley will be developed on 870 acres in Naraj near Cuttack. It will be developed as a world class semiconductor hub, where all major semiconductor, electronics and IT projects will be hosted.
The location of Naraj is very important strategically. It has easy connectivity with the Cuttack-Bhubaneswar Urban Corridor, as well as major ports like Paradip and Dhamra and the National Highway. Being close to Mahanadi will also ensure availability of water required for semiconductor fabrication. The Chief Minister said, “We want to create a global ecosystem where companies can manufacture, innovate and grow.”
The Odisha pavilion showcases the state's journey from 'sand to silicon'. The first batch of Made in India chips from institutes like RIR Power, SiCsem, 3DGS, ARF Design and NIT Rourkela, PMEC Brahmapur are showcased here.
Chief Minister Majhi said, “Odisha's semiconductor journey is moving rapidly from intention to implementation. We have been successful in bringing investment in important areas of the value chain and are putting special projects on the ground.”
The state government has aligned its semiconductor policy with the India Semiconductor Mission 2.0. Under the third policy amendment, Odisha has made a provision to provide 25 percent additional fiscal support to ISM-approved projects in semiconductor equipment manufacturing, semiconductor-grade gas and raw material segments.
–IANS
SCH/DKP