Odisha Approves ₹452 Crore Integrated Power Electronics Hub at IIT Bhubaneswar

Bhubaneswar, September 18, 2026: The Odisha government has approved a ₹452 crore National Industry Co-Development Hub on Integrated Power Electronics at IIT Bhubaneswar, as part of efforts to strengthen semiconductor research, innovation and commercial applications in the state.

The project was announced by Odisha Chief Minister Mohan Charan Majhi during the SEMICON India 2026 event in New Delhi.

The proposed hub will be developed under the Indian Design, Semiconductors, Packaging and Systems programme and will be jointly funded by the Ministry of Electronics and Information Technology (MeitY), Government of Odisha, Anusandhan National Research Foundation (ANRF) and industry partners.

Hub to Bring Research Closer to Commercial Applications

The integrated power electronics hub is intended to establish an industry-led centre of excellence focused on power electronics and related semiconductor technologies.

According to the information released about the project, the programme is aimed at bringing research and innovation closer to commercial applications by creating stronger links between academia, industry and technology development.

The hub at IIT Bhubaneswar is part of Odisha's broader efforts to develop a semiconductor and electronics ecosystem in the state.

Odisha Plans 870-Acre Silicon Valley Near Cuttack

Alongside the IIT Bhubaneswar project, Odisha has announced plans to develop an 870-acre 'Odisha Silicon Valley' at Naraj near Cuttack.

The state said it received semiconductor and electronics investment proposals worth approximately ₹23,600 crore during SEMICON India 2026.

These proposals are estimated by the state to have the potential to generate around 6,100 jobs.

The proposed technology cluster is expected to accommodate electronics and information technology projects and is positioned along the Cuttack-Bhubaneswar urban corridor.

QuadQuantum Signs Letter of Intent for Silicon Carbide Facility

Odisha also signed a Letter of Intent (LoI) with QuadQuantum for a facility to manufacture silicon carbide substrate wafers.

The investment amount, production capacity and project timeline for the proposed QuadQuantum facility were not disclosed in the information reported.

Silicon carbide is among the semiconductor technologies being developed as part of Odisha's broader electronics and semiconductor strategy.

Five Semiconductor Projects Already Approved in Odisha

The state has so far approved five semiconductor manufacturing projects with a cumulative investment of ₹10,899 crore, according to the information presented at SEMICON India 2026.

These projects are expected to generate:

• More than 4,500 direct jobs.

• More than 16,000 indirect jobs.

The projects cover areas including:

• Silicon carbide semiconductors.

• Advanced semiconductor packaging.

• Glass-substrate packaging.

• Memory module assembly.

• Power electronics.

Two of the projects have been approved under the India Semiconductor Mission (ISM).

Semiconductor Projects Include SiCSem and HIPS/3DGS

SiCSem is setting up a silicon carbide semiconductor fabrication facility with packaging capabilities.

Heterogeneous Integration Packaging Solutions (HIPS/3DGS) is developing an advanced glass-substrate packaging facility. The technology is intended for applications including artificial intelligence, high-performance computing and advanced processors.

Other investments mentioned include:

• RIR Power Electronics for silicon carbide power devices.

• Sancode Technologies for advanced packaging.

• ASP Semicon for memory module OSAT operations.

The state said RIR Power Electronics has completed the erection and installation of silicon carbide epitaxial wafer manufacturing reactors at its Bhubaneswar facility and is expected to begin commercial production soon.

More Semiconductor Investments Under Discussion

Odisha is also discussing additional semiconductor projects and expansion plans.

The state is working towards converting an existing Intel-3DGS memorandum of understanding into an investment involving advanced glass substrates and packaging.

Sancode is discussing a second-phase advanced packaging facility, while SiCSem is exploring a second phase involving a combined silicon carbide and gallium nitride fabrication and packaging facility.

QuadQuantum has separately signed the Letter of Intent for a silicon carbide substrate wafer manufacturing facility.

Odisha Announces Semiconductor Investment Incentives

Odisha has also outlined fiscal incentives for semiconductor-related projects.

For projects approved under the India Semiconductor Mission, the state will provide additional fiscal support of up to 25% of eligible capital expenditure, according to the state's investment presentation.

The support extends to areas including:

• Semiconductor equipment manufacturing.

• Semiconductor-grade chemicals.

• Semiconductor gases.

• Semiconductor materials.

• Other parts of the semiconductor supply chain.

The state's policy also lists:

• 30% capital expenditure support for certain non-ISM fabs and ATMP/OSAT projects.

• 10% support for certain non-ISM raw-material supply-chain projects.

The policy covers semiconductor design, equipment, raw materials, chemicals and gases, fabrication, ATMP/OSAT and research and development.

Focus on Semiconductor Talent and Research

Odisha's semiconductor policy also includes support related to workforce development and research.

The state has outlined assistance for:

• Relocating engineers.

• Training workers.

• Providing internships.

• Securing international patents.

• Research and development activities.

The government has said its objective is to develop semiconductor clusters rather than attract standalone projects, with the expectation that major semiconductor facilities can support the development of a wider supply chain.

Key Facts

• Project: National Industry Co-Development Hub on Integrated Power Electronics

• Institution: IIT Bhubaneswar

• Approved investment: ₹452 crore

• Location: Bhubaneswar, Odisha

• Programme: Indian Design, Semiconductors, Packaging and Systems programme

• Funding partners: MeitY, Government of Odisha, ANRF and industry partners

• Broader initiative: Proposed 870-acre Odisha Silicon Valley at Naraj

• Investment proposals received: Approximately ₹23,600 crore

• Potential jobs from proposals: Around 6,100

• Semiconductor projects already approved in Odisha: 5

• Cumulative investment in those projects: ₹10,899 crore

FAQs

What has Odisha approved at IIT Bhubaneswar?

Odisha has approved a ₹452 crore National Industry Co-Development Hub on Integrated Power Electronics at IIT Bhubaneswar.

What is the purpose of the power electronics hub?

The hub is intended to strengthen industry-led research and innovation in integrated power electronics and bring research outcomes closer to commercial applications.

Who will fund the IIT Bhubaneswar power electronics hub?

The project will be jointly funded by the Ministry of Electronics and Information Technology, Odisha Government, Anusandhan National Research Foundation and industry partners.

What is Odisha Silicon Valley?

Odisha Silicon Valley is a proposed 870-acre technology and semiconductor cluster planned at Naraj near Cuttack.

How much semiconductor investment proposals has Odisha received?

Odisha has received semiconductor and electronics investment proposals worth approximately ₹23,600 crore, according to the information presented at SEMICON India 2026.

How many semiconductor projects has Odisha approved so far?

The state has approved five semiconductor manufacturing projects with a cumulative investment of ₹10,899 crore.

What semiconductor technologies are being developed in Odisha?

The approved projects cover silicon carbide semiconductors, advanced packaging, glass-substrate packaging, memory module assembly and power electronics.

What is the QuadQuantum project in Odisha?

QuadQuantum has signed a Letter of Intent with Odisha for a silicon carbide substrate wafer manufacturing facility. The reported information does not specify its investment amount, capacity or timeline.

What incentives does Odisha offer for semiconductor projects?

The state has announced additional fiscal support of up to 25% of eligible capital expenditure for projects approved under the India Semiconductor Mission, along with other incentives for selected non-ISM projects and supply-chain activities.

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