Finance
On Sunday, Chief Minister Mohan Charan Majhi and Union Minister for Electronics & IT and Railways Ashwini Vaishnaw laid the groundwork for a Rs 2,000 crore 3D glass substrate packaging unit in Info Valley, Khordha.
The initiative, spearheaded by 3D Glass Solutions, is estimated to create approximately 2,500 employment and establish the state as an emerging powerhouse for sophisticated semiconductor manufacturing in the country.
Addressing the audience, Vaishnaw stated that the facility would mark in an era of economic and technological prosperity in Odisha. He stated that the facility would be manufacturing advanced glass substrate packaging components for the first time in India, and that the technology symbolizes the future of the global semiconductor industry.
Chief Minister Majhi praised the project as a watershed event for Odisha and India’s technological ambitions. He stated that the planned unit would be the country’s first advanced 3D glass substrate packaging factory, catering to developing areas such as artificial intelligence, high-performance computing, and defense electronics.
Majhi emphasized Odisha’s rising appeal to global investors, stating that leading multinational corporations such as Intel, Lockheed Martin, and Applied Materials are involved with the project, indicating growing confidence in the state’s industrial ecosystem.
He noted that Odisha has already attracted over Rs 10,000 crore in semiconductor-related investments, with companies such as RIR Power Electronics and SiCSEM establishing operations in the state.
“Odisha will play a key role in the vision of a self-reliant India envisioned by the Prime Minister Narendra Modi, and it will serve as the launchpad for self-reliant India in Eastern India,” Majhi said.
The Chief Minister said that the state’s five strengths—including abundant natural resources, robust infrastructure, a skilled workforce, strong connectivity, and responsive governance—have made it a preferred investment destination. Addressing the youth, he described this as a golden opportunity for students and engineers in Odisha and urged them to build their skills and move forward in this emerging sector. He said that Odisha has emerged as an ideal destination for the global semiconductor industry.
“We have the resources, the talent, the infrastructure, and the vision. We want to build the next technology. ‘Odisha is your destination’,” Majhi urged.
He concluded by stating that Odisha has emerged as an ideal destination for the global semiconductor industry. “We have the resources, the talent, the infrastructure, and the vision. We want to build the next generation of technology—Odisha is your destination,” he said.
Officials said the facility, once operational, will produce 70,000 glass panels, 50 million assembled units, and 13,200 advanced 3DHI modules annually.
