Odisha has announced plans to develop an 870-acre Odisha Silicon Valley at Naraj near Cuttack as the state steps up efforts to attract investments across the semiconductor and electronics value chain. Chief Minister Mohan Charan Majhi made the announcement during SEMICON India 2026, where he held meetings with global and domestic semiconductor and technology companies, industry bodies and international delegations. The engagements included representatives from Japan, Sweden and Taiwan, as well as companies such as Lam Research, Applied Materials, SiCSem, 3D Glass Solutions, Cyient, Linde and HORIBA India.
The state government also received investment proposals worth around ₹23,600 crore during the event, with the proposed projects expected to create about 6,100 employment opportunities. The investments are expected to support Odisha’s efforts to build a broader semiconductor ecosystem under India Semiconductor Mission 2.0.
The Odisha Silicon Valley at Naraj will host major Electronics and IT projects. The location offers connectivity to the Cuttack-Bhubaneswar urban corridor, national highways and major ports including Paradip and Dhamra. Its proximity to the Mahanadi River is also expected to support industrial water requirements for semiconductor fabrication, assembly and related facilities.
“Odisha’s semiconductor journey is moving rapidly from intent to implementation. We have been able to attract investments across critical areas of the semiconductor value chain and, importantly, move key projects towards execution. At SEMICON India 2026, our discussions with industry leaders are focused on taking this momentum forward and bringing the next set of semiconductor investments to Odisha. We want to build an ecosystem where global and Indian technology companies can manufacture, innovate and grow,” said Mohan Charan Majhi, Chief Minister of Odisha.
The state also signed a Letter of Intent with QuadQuantum for a semiconductor facility to manufacture silicon carbide (SiC) substrate wafers. The Odisha Pavilion at SEMICON India 2026 showcased projects and initiatives involving RIR Power, SiCSem, 3D Glass Solutions and ARF Design. Educational institutions including NIT Rourkela and PMEC Brahmapur also showcased their work on semiconductor chip design.
Odisha is also highlighting its “Sand to Silicon” installation at the pavilion, linking the state’s mineral resources with its semiconductor ambitions and its broader vision of moving from a “Mine Economy” to a “Mind Economy”. The state has amended its Semiconductor Policy to align with the evolving India Semiconductor Mission 2.0 framework. The latest amendment provides 25% additional fiscal support to ISM-approved projects covering semiconductor equipment, semiconductor-grade gases, raw materials and supply-chain segments. The policy also provides support for engineer relocation, skill development, internships, international patents and research and development.
Dr Mukesh Mahaling, Minister for Electronics and Information Technology, Government of Odisha, said the state is focused on developing the ecosystem around semiconductor investments, including equipment, materials, gases, supply chains and specialised talent.
