📊Executive Summary

The Indian government has approved the establishment of the NaMo semiconductor laboratory at IIT Bhubaneswar, with a budget of Rs 4.95 crore. This initiative aims to enhance India's semiconductor research and skilling, aligning with the 'Make-in-India' and 'Design-in-India' initiatives. The lab will support the development of talent for chip manufacturing and packaging, contributing to the growing semiconductor ecosystem in India. Additionally, the Odisha government has amended its semiconductor policy to attract investments and enhance the viability of semiconductor projects, which may influence procurement strategies for companies involved in semiconductor design and manufacturing....