Odisha

Odisha Cabinet Approves IT Policy 2025 to Create 1 Million Jobs, Attract Global Investments

Bhubaneswar: In a significant step towards digital transformation and economic growth, the Odisha State Cabinet on Monday approved the Odisha IT Policy 2025, a comprehensive roadmap to position the state as a global hub for innovation and IT-enabled services.

The policy envisions integrating advanced technologies such as Artificial Intelligence (AI), cloud computing, data analytics, Internet of Things (IoT), cybersecurity, 5G, AR/VR, deep learning, machine learning, and blockchain into governance and service delivery, while building a digitally inclusive society. It also aims to promote entrepreneurship, strengthen research and development, and encourage academic collaboration.

A key highlight of the policy is its job creation potential, with a target of 1 million direct and indirect jobs in the IT/ITeS sector. To support this, the state government plans to develop world-class infrastructure including IT Parks, IT Towers, Special Economic Zones (SEZs), and co-working spaces.

To attract large-scale investments, the policy introduces a comprehensive package of incentives, ranging from capital and interest subsidies, land and rental assistance, SGST reimbursement, and utility charge exemptions, to support for patent registration, marketing, skill development, internships, and Centres of Excellence (CoEs). Special incentives have been earmarked for Large and Mega IT Investments and the creation of a Cable Landing Station, which will significantly enhance Odisha’s digital connectivity.

Implementation of the policy will be guided by a Policy Advocacy & Vision Group (PAVG) comprising industry leaders, academia, and research experts. The Odisha Computer Applications Centre (OCAC) has been designated as the nodal agency, while the Electronics & IT Department will oversee progress and introduce mid-course corrections when needed.

The Odisha IT Policy 2025 is expected to attract global businesses, accelerate economic growth, create jobs, and foster innovation, establishing the state as a premier destination for IT, finance, research, and global business operations.

Bureau The News Hashtag

Recent Posts

Odisha Prepares for Physical Tests of 4,683 Candidates in Forest, Excise Recruitment

Bhubaneswar: With physical tests for the recruitment of Foresters, Forest Guards and Excise Constables set…

2 days ago

AI, Deepfakes and Misinformation Pose New Challenges for Govt Communication: Expert

Bhubaneswar: Adapting government communication to the rapidly evolving digital and artificial intelligence (AI) landscape while…

2 days ago

ECoR Honours Olympian Amit Rohidas for Contribution to India’s Asian Games Gold

Bhubaneswar: Olympian hockey player and East Coast Railway (ECoR) Sports Officer Amit Rohidas was felicitated…

2 days ago

Odisha Launches Poultry Farming Scheme with Subsidy of Up to ₹10 Crore

Bhubaneswar: In a major push to expand egg production and attract investment in the poultry…

2 days ago

Odisha IPR Department Holds Orientation Programme on Emerging Social Media Trends

Bhubaneswar: The Information and Public Relations (I&PR) Department organised a one-day orientation programme on “Emerging…

2 days ago

Odisha’s Disaster Management Model Draws Interest from Students

Bhubaneswar: Odisha’s disaster management model continues to draw interest from students pursuing disaster management studies,…

2 days ago