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Vaishnaw marks historic Odisha semiconductor plant launch with Intel and Lockheed Martin backing
Business
Published on 24 April 2026
Two global giants are already in the investor list
Union minister Ashwini Vaishnaw hailed the foundation laying of a semiconductor plant in Odisha as a historic turning point. The project is expected to strengthen the state’s semiconductor ecosystem and accelerate advanced electronics manufacturing. Investors include global firms such as Intel and Lockheed Martin. Odisha is also widening its industrial base beyond metals and minerals to build an IT and tech-driven future.
- Foundation laid for a new semiconductor plant in Odisha
- Vaishnaw calls it a historic step for advanced electronics
- Intel and Lockheed Martin are among key investors
- Odisha is shifting focus beyond metals and minerals
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times