- India is pursuing self-reliance in the semiconductor sector.
- PM Modi aims to make India a preferred destination for semiconductor manufacturing and investment.
Odisha Targets Semiconductor Manufacturing Hub Status in Eastern India
What happened
Odisha is promoting its potential as a manufacturing destination in eastern India, focusing on indigenous chips and semiconductor investment. The state outlined plans for an 870-acre semiconductor and electronics manufacturing cluster at Naraj, backed by investment proposals valued at Rs 23,600 crore. Union Electronics and Information Technology Minister Ashwini Vaishnaw stated that Odisha has significant potential in the sector, noting that more investments are expected in the coming days, including developments related to a 3D packaging unit.
From orissapost.com
Why it matters
The push aims to establish India as a preferred destination for high-tech manufacturing and achieve self-reliance in the semiconductor sector. The proposals underscore the state's readiness to build a comprehensive semiconductor ecosystem, moving beyond initial intent.
The initiative aligns with the goals of making India a preferred destination for semiconductor manufacturing and investment, supporting the national drive for self-reliance in the sector.
From orissapost.com
Who's involved
- OdishaState promoting its capabilities in semiconductor and electronics manufacturing.
- Ashwini VaishnawUnion Minister highlighting the potential of Odisha's semiconductor sector.
- Narendra ModiPrime Minister, central to the national agenda of indigenous technology.
- central governmentCentral government overseeing the national push for semiconductor development.
- IndiaThe nation benefiting from the push toward high-tech manufacturing and investment.
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The entities involved
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Odisha
state in Eastern India
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Ashwini Vaishnaw
Union Minister of Railways of India
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Narendra Modi
Prime Minister of India since 2014
Related events
- Odisha seeks investment in electronics manufacturing, with Industries Minister Sampad Chandra Swain highlighting the state's industrial goals.
- PM Modi promotes rapid development in Odisha.
- The port is located and operates within the state of Odisha, and its development is driven by the vision of PM Modi.
- Narendra Modi sought support for the Bharatiya Janata Party in Odisha in 2016.
- PM Modi and Minister Vaishnaw participated in the Global Fintech Fest, discussing India's growth and semiconductor plans.