Odisha is pouring ₹452 crore into an integrated power electronics hub at IIT Bhubaneswar. This hub anchors a larger ₹23,600 crore plan to build an "Odisha Silicon Valley" near Cuttack, targeting critical semiconductor manufacturing. It's a clear state-level move to attract next-gen fabs and talent outside the usual tech hubs.
How We Got Here
The state received investment proposals worth ₹23,600 crore during SEMICON India 2026. These proposals build on five previously approved semiconductor projects, totaling ₹10,899 crore, which secured clearances under the India Semiconductor Mission.
The Numbers
- The 'Odisha Silicon Valley' targets 870 acres at Naraj, leveraging its proximity to the Mahanadi River for semiconductor water requirements.
- The ₹452 crore IIT Bhubaneswar hub is funded by MeitY, Anusandhan National Research Foundation, the Odisha government, and unnamed industry partners.
- Odisha secured a Letter of Intent with QuadQuantum to manufacture silicon carbide substrate wafers; specific investment figures were not disclosed.
- Five semiconductor projects worth ₹10,899 crore have already been approved, including SiCSem (silicon carbide fab) and HIPS/3DGS (advanced glass-substrate packaging).
What Happens Next
🇮🇳 Why This Matters for India
For semiconductor and power electronics founders, these investments in Bhubaneswar and Cuttack signal a credible emerging manufacturing and R&D hub outside traditional tech metros.
The Take
The strategic mention of the Mahanadi River's water supply for fabs reveals a deeper understanding of semiconductor needs than most state announcements. This is Odisha playing a long game on infrastructure, not just incentives, to attract serious manufacturing.
Source:
YourStory ↗