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Business
Odisha Offers 25% Capex Support
✍️ business-standard.com
🗓 13 Aug 2026, 01:47 AM
👁 4
The Odisha government has announced a 25% additional capex support for ISM-backed chip projects. This move aims to boost the semiconductor industry in the state.
The Odisha government has taken a significant step to promote the growth of the semiconductor industry in the state. By offering a 25% additional capex support for ISM-backed chip projects, the government aims to attract more investments and create a conducive environment for the industry to thrive. This move is expected to have a positive impact on the state's economy and create new job opportunities. The semiconductor industry is a key sector that can drive growth and innovation in the state.