Odisha Plans To Set Up A ‘Silicon Valley’ To Woo Semiconductor Companies

Authorities in the Indian state of Odisha allocated 870 acres between Cuttack and Bhubaneswar for the "Odisha Silicon Valley" project. Five semiconductor projects worth ₹11,000 crore have been approved, and Intel and 3D Glass Solutions signed a memorandum for $3.3 billion in investments.

• 870 acres allocated between Cuttack and Bhubaneswar
• 5 projects approved at ₹11,000 crore and 4,500 direct jobs
• Intel and 3D Glass Solutions: $3.3 billion investment and 1,800 jobs
• State compensates up to 25% of capex under India Semiconductor Mission