Odisha Targets Hub Status With Electronics Component Manufacturing Policy Aligned To Central ECMS

Odisha Cabinet has approved a new Electronics Component Manufacturing Policy to match central incentives and position the state as a leading electronics hub.

On 25 August 2025, the Odisha Cabinet approved the Electronics Component Manufacturing Policy, 2025 in a meeting chaired by Chief Minister Mohan Charan Majhi. The move positions Odisha as a major domestic electronics component manufacturing hub, directly aligned with the Centre’s recently cleared Electronics Component Manufacturing Scheme (ECMS).

Chief Secretary Manoj Ahuja said, “Following the Union Cabinet’s recent approval of the Electronics Component Manufacturing Scheme (ECMS), the Odisha government has decided to launch its own Odisha Electronics Component Manufacturing Policy-2025.”

The policy offers investors a choice of 50 per cent capital subsidy for the first 10 large-scale projects or a matching subsidy with turnover-linked incentives and additional capital subsidies. Other benefits include land allocation support, rental assistance, a 10-year exemption from electricity duty and power tariff reimbursements.

For mega projects investing over ₹500 crore or creating more than 1,000 jobs, the state has included tailored incentive packages. This is expected to significantly boost local manufacturing of semiconductors, passive components, and sub-systems, reducing reliance on imported electronic components.
The Odisha government emphasised that the policy is a strategic push to create high-skilled employment while strengthening the state’s role in the national electronics value chain.

- Advertisement -

In addition, the Cabinet also approved the Odisha IT Policy, 2025, which aims to generate 10 lakh direct and indirect jobs in the IT/ITES sector. The IT policy promotes technologies such as cybersecurity, data analytics, 5G, IoT, AR/VR, cloud computing, deep learning, blockchain, AI and ML, supported by incentives including capital and interest subsidies, rental support, and SGST reimbursement.

With these twin policies, Odisha is seeking to emerge as both a domestic electronics manufacturing hub and a technology-driven employment generator.

- Advertisement -
Loading form…

Industry's Buzz

UST Selects 19 Startups for D3 Startup Challenge 2026 in Bengaluru

0
The programme is designed to identify technologies that address business challenges, assess their practical applications and determine their potential to scale UST, an AI and...
Tonbo Imaging

Tonbo Imaging Launches IPO Driven by Strong Grey Market Demand

0
Bengaluru defence firm targets $102.5 million through pure offer-for-sale IPO as subscription opens.  Bengaluru-based defence technology firm Tonbo Imaging India opened its public offer for...

DigiKey Announces Investment for Distribution Centre Expansion and Automation

0
The announcement follows a period of strong business growth, with DigiKey projecting growth of more than 50% in 2026 DigiKey has announced an investment of...

Japan Funds $21B GlobalFoundries Chip Plants in US

0
The state-of-the-art plants in Malta will boost semiconductor manufacturing through a landmark bilateral trade agreement between the US and Japan.    GlobalFoundries is set to construct...

Thermocool Directs $4.8 Million Towards New Expansion Site

0
The homegrown appliance brand boosts local output and targets new product categories with advanced, AI-driven expansion site.  Indian domestic appliances manufacturer Thermocool Home Appliances has...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

UST Selects 19 Startups for D3 Startup Challenge 2026 in Bengaluru

0
The programme is designed to identify technologies that address business challenges, assess their practical applications and determine their potential to scale UST, an AI and...

Compcarta Reduces The Cost And Complexity Of End-To-End Chip Design

0
Building a chip should not require assembling an entire design ecosystem. A Noida-based startup is developing a browser-based EDA platform that aims to reduce...

Aquaexchange Brings Monitoring And Automation To Shrimp Farming

0
The startup has developed an AI- and IoT-enabled platform that helps shrimp farmers manage farms, access financing, monitor operations, and connect with markets. The startup...

Drone-Like Aircraft For Logistics From BluJ Aerospace

0
Hyderabad-based BluJ Aerospace is developing indigenous electric and hydrogen-powered vertical take-off and landing (VTOL) aircraft for remote cargo transport. BluJ Aerospace, a Hyderabad-based aerospace startup...
Jash Jetly, Co-founder and CEO of EVE

“The cloud isn’t the only way to run AI. We’re proving it can happen...

0
A startup is building a decentralised AI and communication network that runs across everyday devices instead of centralised cloud servers. In an interview, Jash...