Is Odisha set to become a leader in the semiconductor and electronics industry?
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Synopsis
Odisha is on a transformative journey to become India's leading hub for semiconductors and advanced electronics, with significant investments and collaborations underway. Chief Minister Mohan Charan Majhi's recent announcements at SEMICON India 2025 highlight the state's ambitious plans and partnerships with global tech giants, positioning Odisha as a pivotal player in the industry.
Key Takeaways
- Odisha aims to be a leader in semiconductor and electronics.
- MoUs worth Rs 2,655 crore were signed at SEMICON India 2025.
- Partnerships with global companies like Intel and Micron are in place.
- Focus on innovation and manufacturing ecosystem development.
- Significant investments are geared towards EV and solar manufacturing.
Bhubaneswar, Sep 3 (NationPress) The Chief Minister of Odisha, Mohan Charan Majhi, declared on Wednesday that the state has set its sights on becoming India’s next hub for semiconductors and advanced electronics during the ongoing SEMICON India 2025 event in New Delhi.
Elaborating on his involvement in the event, the Chief Minister mentioned that he had the honor of inaugurating the Odisha Pavilion, where the state finalized MoUs totaling Rs 2,655 crore.
These agreements comprise Rs 1,005 crore with TopTrack Hi-Tech PCB Pvt. Ltd. and Rs 1,650 crore with SancodeTech, in collaboration with Silicon Connect, Inari Amertron Berhad, and APIRC Penang.
"Odisha demonstrated its ambition to be the leading state in semiconductors and advanced electronics at #SEMICONIndia2025, New Delhi. I had the honor to inaugurate the Odisha Pavilion, where we signed MoUs worth Rs 2,655 crore with TopTrack Hi-Tech PCB Pvt. Ltd. (Rs 1,005 crore) and SancodeTech, in partnership with Silicon Connect, Inari Amertron Berhad& APIRC Penang (Rs 1,650 crore), while engaging with global leaders such as Intel, Micron, Western Digital, Renesas, and Siemens," CM Majhi stated on his X handle on Wednesday.
Majhi also engaged in conversations with global players like Intel, Micron, Western Digital, Renesas, and Siemens to seek investment opportunities.
"These discussions represent a pivotal moment in establishing Odisha as a preferred international destination for the semiconductor and advanced electronics sector," the CM shared on X.
"With landmark initiatives under the India Semiconductor Mission, along with the Odisha Semiconductor Manufacturing & Fabless Policy 2025 and the Electronics Component Manufacturing (ECM) Policy 2025, we are dedicated to creating a world-class environment for innovation, manufacturing, and investment in semiconductors and electronics," he continued.
Additionally, the Minister of Electronics & Information Technology, Dr Mukesh Mahaling, who was also present at the event, discussed potential collaborations with companies such as Thomson Computing, Ineuu, ASP Semicon, VVDN Technologies, Brandworks, InSemi (an Infosys subsidiary), Felcon Ltd, and Intel.
According to an official statement, the discussions encompassed proposals in areas like EV and solar manufacturing, flat panel displays, data centres, PCB and smart meter production, semiconductors, fintech hardware, product design, AI skilling, and affordable learning devices.
These companies acknowledged Odisha’s proactive policies and expressed a strong interest in establishing facilities, R&D centers, and skilling initiatives in the state.
To further these partnerships, MoUs were signed with ASP India and Area Group, highlighting Odisha’s rising status as a center for electronics and emerging technologies.
Point of View
Odisha's commitment to becoming a key player in the semiconductor and electronics sector reflects a broader trend of regional development in India. The state's proactive measures and significant investments are essential for fostering innovation and attracting global players. This approach not only boosts the state's economy but also enhances India's position in the global tech landscape.
NationPress
03/09/2025
Frequently Asked Questions
What is the significance of Odisha's MoUs at SEMICON India 2025?
The MoUs signed by Odisha during SEMICON India 2025 highlight the state's strategic move to attract investment and establish itself as a leader in the semiconductor and electronics industry, with a total value of Rs 2,655 crore.
Which companies are involved in Odisha's semiconductor initiatives?
Odisha's semiconductor initiatives include partnerships with companies such as TopTrack Hi-Tech PCB Pvt. Ltd., SancodeTech, Intel, Micron, and Siemens, among others.
How does Odisha plan to support the electronics sector?
Odisha plans to support the electronics sector through initiatives like the India Semiconductor Mission, the Odisha Semiconductor Manufacturing & Fabless Policy 2025, and the Electronics Component Manufacturing Policy 2025.
What industries are being targeted for investment in Odisha?
Odisha is targeting investments in various industries, including EV manufacturing, solar production, data centers, smart meter production, and fintech hardware, as part of its broader electronics strategy.
What is the potential impact of these developments on Odisha's economy?
These developments are expected to significantly boost Odisha's economy by creating jobs, attracting investments, and establishing the state as a hub for innovation and technology.
