Cabinet Approves Electronics Manufacturing and New IT Policies in Odisha

In a major boost to Odisha's technology ecosystem, the cabinet on Monday approved a new Odisha Electronics Component Manufacturing (OECM) Policy, 2025 and the Odisha IT Policy, 2025. The Chief Minister, Mohan Charan Majhi, chaired the meeting, which approved initiatives to attract large investments and create jobs in the electronics and IT sectors.

The OECM policy aligned with the Centre's Electronics Component Manufacturing Scheme (ECMS), that was already approved earlier this year. One key feature is support for the first 10 applicants at a large-scale level will receive an additional 25% subsidy from the State department to the 25% offered under the central scheme. 

The Following projects will be subject to an additional 10% subsidy. The policy will also offer land allotment, rental assistance, 10 years of electricity duty exemption and tariff reimbursement. Special concessions are available to mega projects over ₹500 crores or those generating 1,000 jobs.

The state government has confirmed that the OECM policy will help reduce India's reliance on imported components while creating high-skills jobs for the state. At the same time, the Odisha IT Policy, 2025 strengthens the 2022 OIT Policy by increasing the capital subsidy from 25% to 30%, eliminating caps on investment, and providing a 40% subsidy for animation projects.

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 The additional benefits include, utility charges that are waived, marketing assistance, patent registration support, skill training and development, internship support, and a Centre of Excellence. 

The IT Policy will facilitate 1 million jobs, both directly, and indirectly, for IT/ITeS within the policy period. The IT Policy will also develop IT parks and promote adaptation of AI and develop premium sectors in cybersecurity, cloud services, data analytics, and deep learning so that Odisha will be positioned as a 21st century digital smart state.