Summary
Odisha has approved a Rs 452-crore National Industry Co-Development Hub on Integrated Power Electronics at IIT Bhubaneswar, announced Chief Minister Mohan Charan Majhi at SEMICON India 2026. This project is part of Odisha's broader semiconductor investment pipeline of $4.7 billion, which includes five approved manufacturing projects totaling Rs 10,899 crore and is expected to create over 20,000 jobs.