Industry Odisha Bureau, Sep 18: The state of Odisha has received investment proposals worth approximately Rs 23,600 crore in semiconductor sector with the potential to generate employment for 6,100 persons.
The state has received the investment proposals at the EMICON India 2026 in New Delhi.
A high-level delegation from Odisha led by Chief Minister Mohan Charan Majhi attended the meeting and held a series of high-level engagements with global and domestic semiconductor and technology companies, industry bodies and international delegations.
These include interactions with delegations from Japan, Sweden and Taiwan, as well as engagements with companies including Lam Research, Applied Materials, SiCSem, 3D Glass Solutions, Cyient, Linde and HORIBA India, among others.
The engagements also saw the signing of a Letter of Intent with QuadQuantum for a semiconductor facility to produce SiC Substrate wafers, further strengthening Odisha’s engagement with the semiconductor and technology ecosystem at SEMICON India 2026.
The State Government received investment proposals worth approximately Rs 23,600 crore and the potential to generate 6,100 employment opportunities, marking a significant step towards building a robust semiconductor and electronics ecosystem, marking Odisha’s shift towards building a complete semiconductor value chain under Semicon 2.0.
Odisha’s journey towards building a semiconductor ecosystem is also being brought alive at the Odisha Pavilion through “Sand to Silicon”,
The installation gives a distinctive Odisha expression to the State’s semiconductor journey, connecting its identity with its growing ambitions in silicon and advanced technology. It also ties into Odisha’s larger vision of moving from a “Mine Economy” to a “Mind Economy.”
Beyond the projects already underway, Odisha has been taking a series of measures to build the wider ecosystem required to emerge as a leading semiconductor hub.
The State has been among the early movers in aligning its Semiconductor Policy with the evolving India Semiconductor Mission 2.0, with its recent Third Policy Amendment further expanding support to critical parts of the semiconductor value chain.
Through the amendment, Odisha has extended 25% additional fiscal support to ISM-approved projects in semiconductor equipment manufacturing, semiconductor-grade gases, raw materials and supply-chain segments.
The current policy framework also provides support for engineer relocation, manpower skilling, internships, international patents and R&D.
Addressing the occasion, State IT Minister Mukesh Mahaling said, “Our approach is to build the ecosystem around semiconductor investments, not look at projects in isolation. Odisha has been an early mover in aligning its policy framework with ISM 2.0, while widening support to areas such as equipment, materials, gases and the supply chain.
“Alongside this, we are investing in specialised talent and creating the conditions that companies need to set up and scale their operations in the State,” he said.
