Govt. of Odisha issued the Third Amendment to the Odisha Semiconductor Manufacturing & Fabless Policy — 2023

Sep 18, 2026 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Electronics & Information Technology Department, Govt. of Odisha on August 31, 2026, issued the Third Amendment to the Odisha Semiconductor Manufacturing & Fabless Policy — 2023.

The following has been amended, namely:

• The amendment expands Clause 7.2.4 to cover semiconductor equipment manufacturing and R&D, semiconductor-grade chemicals, gases and materials, supply-chain components, and R&D for advanced technologies, provided the projects are approved under eligible Government of India semiconductor schemes. 

• Clause 8.1 has also been revised to provide additional fiscal support of 25% of eligible capital expenditure (capex) for projects covered under Clauses 7.2.1 and 7.2.4, as assessed by the India Semiconductor Mission (ISM). The State support will be released pari passu with the Government of India’s fiscal assistance, linked to project milestones and corresponding ISM-approved releases.

• Further, Clause 19 has been expanded from only semiconductor input supply-chain and raw-material projects to include semiconductor equipment, input supply-chain, and raw-material projects. Odisha will provide 10% of capital expenditure for semiconductor equipment, semiconductor-grade chemicals, gases, materials and supply-chain components. Mega projects involving investment exceeding ₹500 crore may receive a special incentive package on a case-to-case basis, subject to State Cabinet approval on the recommendation of a High-Level Committee chaired by the Chief Secretary. 

• The amendments shall come into effect from September 1, 2023.

[Notification No. - 4705—EIT-DEV-II-HWSW-0001/2023/E&IT]


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