GENERAL18 Sept 2026
Odisha unveils Silicon Valley, gets ₹23,600 cr semiconductor proposals
Odisha has announced an 870-acre Silicon Valley at Naraj, planned as a dedicated hub for semiconductors, electronics and IT. The state has also received semiconductor proposals worth ₹23,600 crore, including interest from QuadQuantum to build a facility making silicon carbide (SiC) substrate wafers. Business owners in electronics or manufacturing may want to track this cluster for future supply and vendor openings.
Key Statutory Highlights
- Odisha will set up an 870-acre Silicon Valley at Naraj as a dedicated semiconductor, electronics and IT hub.
- The state has received semiconductor investment proposals worth ₹23,600 crore.
- QuadQuantum has shown interest in setting up a facility in Odisha to produce silicon carbide (SiC) substrate wafers.
Actionable Advice for Taxpayers / Founders:If your business deals in electronics or manufacturing, watch official Odisha government announcements on this project, and speak to your CA or advisor before planning any new unit, investment or supply contract.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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