Bhubaneswar, Nov. 1 -- The foundation stone for Odisha's first compound semiconductor project was laid at Infovalley in Jatni, Bhubaneswar, on Saturday. Union Minister for Electronics and Information Technology Ashwini Vaishnaw attended the ceremony through video conferencing, while Chief Minister Mohan Charan Majhi and Odisha IT Minister Mukesh Mahaling were present at the site.

As per reports, the project, to be set up by SiCSem Private Limited, marks a significant milestone in Odisha's industrial and technological progress. The company will invest Rs 2,067 crore in establishing the semiconductor manufacturing facility, which is expected to generate around 5,000 employment opportunities. The initiative reflects the state government's c...