Odisha

In a significant step toward India’s semiconductor self-reliance, SiCSem Technologies has announced plans to establish a state-of-the-art semiconductor manufacturing facility in Odisha. The proposed plant, expected to entail a multi-thousand-crore investment, will focus on silicon carbide (SiC) chip production—a critical component for electric vehicles, renewable energy systems, and advanced electronics.

The Odisha government has approved projects totaling Rs 1.46 lakh crore, spanning infrastructure, industrial development, and renewable energy sectors. The approvals signal the state’s commitment to accelerating economic growth, attracting investment, and generating employment opportunities. Key initiatives include industrial parks, power and energy projects, transport infrastructure, and urban development programs. Analysts highlight that these projects are expected to boost Odisha’s GDP, enhance regional connectivity, and foster sustainable development.

In a significant boost to India’s renewable energy ambitions, Saatvik Green Energy Pvt. Ltd. has unveiled plans to invest Rs. 3,150 crore in establishing a state-of-the-art solar module and cell manufacturing facility in Odisha. The project underscores India’s growing commitment to domestic solar production under the Make in India initiative and aligns with the government’s broader goal of achieving 500 GW of renewable capacity by 2030.

Amazon India is set to transform its logistics footprint in Odisha by announcing plans to double delivery speed across the state. The initiative reflects the e-commerce giant’s broader strategy of deepening its regional presence, improving customer satisfaction, and supporting economic growth in emerging markets. Faster delivery timelines will not only benefit online shoppers but also expand opportunities for local sellers, micro-entrepreneurs, and small businesses that rely on e-commerce to reach wider markets.