Odisha signs MoU to setup semiconductor manufacturing

Khabri English News & Views

Devanjana Mukherjee, Khabri Media

These agreements mark a pivotal step towards establishing a semiconductor ecosystem in the state, fostering innovation, economic growth, and job creation.

Pic: Social Media

In a significant move towards bolstering its technology and electronics industry, the government of Odisha has recently signed three Memoranda of Understanding (MoUs) with key stakeholders in the semiconductor manufacturing sector. To subscribe please click tau.id/2iy6f and access our live channel.

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The government inked the three memoranda of understanding with India Electronic and Semiconductor Association IESA, global semiconductor giant Synopsys and Electronics and Computer Software Export Promotion Council ESC.

According to the agreement, he association will facilitate the Odisha government in developing capacity-building programmes and promoting the semiconductor ecosystem through events and conceptualization of knowledge materials.

It will involve collaboration in areas such as the O-Chip programme, talent transformation, workforce development, readiness assessment of the state in semiconductors and the very large-scale integration (VLSI) domains, and internship and placement assistance to students of Odisha’s engineering institutions.

The third MoU with ESC will promote electronics and IT/ITeS exports from the country. The government successfully hosted Odisha4Silicon-2023, a pioneering initiative to build a robust semiconductor ecosystem in the region.

Pic: Social Media

The collaboration aims to leverage Synopsis’s technological prowess and the state’s conducive business environment to produce advanced semiconductors, microchips, and related products. This partnership focuses on building a fabrication unit for manufacturing advanced semiconductor devices thus bringing global expertise and technological advances to the table.

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Apart from MoU’s there are other initiatives, like the launching of the IESA Odisha Chapter, and the Campus Connect Programme which aims at fostering innovation, skill development, and industry-academia collaborations in the state.

Addressing the event virtually, Chief Minister Naveen Patnaik accentuated that Odisha4Silicon-2023 will enable the state to create a vibrant semiconductor ecosystem, drive innovation, economic growth and generate employment opportunities for people.

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