Bhubaneswar: The State Cabinet today approved the ‘Odisha Semiconductor Manufacturing & Fabless Policy’.
The policy aims to develop an end-to-end semiconductor ecosystem, transform Odisha into a leading centre of semiconductor manufacturing & create a repository of semiconductor design talent.
The policy is expected to attract semiconductor value chain investments in the state. This document is a result of the guidance & vision of Chief Minister Naveen Patnaik to develop a robust semiconductor ecosystem.
The program aspires to contribute to the national semiconductor ecosystem development objectives and aims to transform Odisha into a leading centre of semiconductor design and manufacturing, a start-up hub for semiconductor R&D and design companies, and the primary repository of the semiconductor design talent in the country.
At least one Semiconductor Manufacturing Unit and around 100 Fabless design Companies is expected to be established generating around 5000 direct employment and 20,000 indirect employment during the policy period of seven years.
