Bhubaneswar, Sept. 18 -- Odisha Chief Minister Mohan Charan Majhi on Friday announced the development of an 870-acre Odisha Silicon Valley at Naraj near Cuttack to host major semiconductor, electronics and IT projects, as the State seeks to emerge as a key hub for the industry.

The proposed Silicon Valley will leverage Naraj's strategic location, with seamless connectivity to the Cuttack-Bhubaneswar urban corridor and access to major ports, including Paradip and Dhamra, as well as key national highways. Its proximity to the Mahanadi also offers an advantage for industries such as semiconductor fabrication and assembly that require substantial quantities of water, while the area's industrial and multimodal connectivity could support logisti...