Odisha plans an 870-acre ‘Silicon Valley’ for semiconductors, AI and data centres
Inc42 reports that two semiconductor projects are under construction in Odisha and five more, worth ₹11,000 crore, have been approved. The planned tech hub would sit between Cuttack and Bhubaneswar.
TLDR
Inc42 reports that Odisha’s chief minister said the state plans to develop an 870-acre ‘Odisha Silicon Valley’ focused on semiconductors, AI and data centres. Construction has begun on Sicsem’s silicon carbide chip fabrication and integrated packaging facility and 3D Glass Solutions’ glass-substrate packaging facility, the outlet says. Five additional approved semiconductor projects, worth ₹11,000 crore, are expected to create around 4,500 direct and 16,000 indirect jobs. Inc42 also reports that Odisha is investing ₹125 crore toward a ₹452 crore National Industry Co-Development Hub for integrated power electronics and offering eligible semiconductor projects up to 25% capital expenditure support.
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Odisha plans an 870-acre ‘Silicon Valley’ for semiconductors, AI and data centres
Inc42 reports that two semiconductor projects are under construction in Odisha and five more, worth ₹11,000 crore, have been approved. The planned tech hub would sit between Cuttack and Bhubaneswar.
TLDR
Inc42 reports that Odisha’s chief minister said the state plans to develop an 870-acre ‘Odisha Silicon Valley’ focused on semiconductors, AI and data centres. Construction has begun on Sicsem’s silicon carbide chip fabrication and integrated packaging facility and 3D Glass Solutions’ glass-substrate packaging facility, the outlet says. Five additional approved semiconductor projects, worth ₹11,000 crore, are expected to create around 4,500 direct and 16,000 indirect jobs. Inc42 also reports that Odisha is investing ₹125 crore toward a ₹452 crore National Industry Co-Development Hub for integrated power electronics and offering eligible semiconductor projects up to 25% capital expenditure support.