Bhubaneswar: Odisha Cabinet headed by Chief Minister Naveen Patnaik on Friday approved the Odisha Semiconductor Manufacturing & Fabless Policy to facilitate investors to enter into manufacturing of Semiconductor/Electronic Chips in the State.
The policy aims to transform Odisha into a leading centre of semiconductor design and manufacturing.
One semiconductor manufacturing unit,100 fabless design companies are expected to be established in the State. It will generate 5000 direct & 20,000 indirect employment.
Odisha has become the 3rd state to have a policy on semiconductor manufacturing.