EPIC Foundation, a think tank for hardware products, has signed a Memorandum of Understanding (MoU) with the Odisha government to design and manufacture world-class electronic products in the state.
Founded by HCL founders Dr Ajai Chowdhry and Arjun Malhotra, and semiconductor industry veteran Dr Satya Gupta, the non-profit organisation, in collaboration with various stakeholders from industry, government and academia, is expected to work to accelerate the growth of the state’s electronics and semiconductor ecosystem, with the long-term goal of transforming Odisha into an Electronics System Design and Manufacturing, Skill Development (ESDM) hub.
Chowdhry, Chairman of EPIC Foundation, said the joint efforts will help CM Naveen Patnaik’s goal of achieving a $1-trillion-dollar economy for Odisha. He said: “We have always envisaged Odisha as a state that has a high potential for excelling in electronics and semiconductor industry.”
“Our concerted efforts can be instrumental in building supporting design infrastructure, employment generation and manufacturing high-impact products within the state itself, which can pave the way forward for overall development and world-class performance in the Electronics sector of the state,” he added.
