Odisha Boosts Investment and Cyber Security

The Chief Minister of Odisha, Mohan Charan Majhi, announced that the state will set up a special center at IIIT Bhubaneswar to improve the semiconductor sector and cyber security.

The government will invest Rs 400 crore in this project.

The center will focus on making the state stronger in cyber security, digital governance, and advanced technology research.

Additionally, the state signed MoUs worth Rs 27,650 crore and received investment intents amounting to Rs 39,131 crore at the Odisha Investors’ Meet in Hyderabad.

These investments are expected to create around 16,000 jobs and 40,000 employment opportunities.

The state is positioning itself as a future-ready investment destination through policy stability, competitive costs, and a facilitative governance framework.

The event brought together industry leaders to explore new investment opportunities and strengthen partnerships.