Odisha is gearing up for one of its biggest digital pushes ever — a massive plan to turn Bhubaneswar into a full-fledged Fintech City while expanding IT growth far beyond the state capital. As part of its vision to become a developed state by 2036, the government is decentralising tech opportunities by creating eight specialised digital and technology hubs in tier-II cities.
Fintech City in Bhubaneswar

Bhubaneswar is set to be transformed into eastern India’s FinTech and InsurTech capital.
The state government has partnered with Singapore-based Global Finance and Technology Network (GFTN) to nurture fintech talent, boost digital public infrastructure, and drive cutting-edge innovations.
The Electronics & IT Department’s Principal Secretary, Vishal Kumar Dev, said the initiative could generate 50,000+ high-paying jobs and add ₹40,000 crore to Odisha’s annual GVA by 2036.
8 Digital & Tech Hubs Across Tier-II Cities
To reduce the IT-overload on Bhubaneswar, Odisha is setting up new hubs focused on niche digital sectors. These regions will evolve into next-gen tech clusters with strong infrastructure and workforce training.
Proposed Hubs & Their Specialisations
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Cuttack – LegalTech, data centres, disaster recovery
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Rourkela – Semiconductor ATMP/OSAT, AI/ML R&D
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Sambalpur–Jharsuguda – Digital logistics, data analytics
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Berhampur – Electronics assembly, ESDM, IT services
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Jajpur–Kalinganagar – Smart manufacturing, IoT, Industry 4.0
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Balasore–Bhadrak – Defence tech, drones, advanced electronics
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Puri–Konark – TourismTech, digital art, AR/VR heritage tech
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Paradip–Dhamra–Gopalpur – Hardware exports, ESDM clusters
These hubs are designed to accelerate semiconductor manufacturing, electronics production, digital logistics, defence technology, and AR/VR-driven tourism.
Massive Push for Digital Infrastructure
Odisha is driving the Odisha Digital Economy Mission, targeting ₹16.73 lakh crore worth of investments in digital infrastructure.
Key initiatives include:
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Establishing semiconductor & electronics manufacturing clusters
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Developing the coastal belt as a major data-centre hotspot
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Creating a tier-IV ready data centre ecosystem with an undersea cable landing station in Puri
Major companies like Adani, CtrlS, Zoho, YOTTA and even the RBI have committed to data-centre projects in the state.
Global Capability Centres (GCCs) on the Way
The state plans to set up five world-class GCC hubs, beginning with:
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Bhubaneswar–Cuttack–Puri corridor
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Rourkela–Jharsuguda–Sambalpur belt
These hubs aim to attract over 100 mid-sized GCCs in BFSI, healthcare, mining, retail and manufacturing.
Semiconductor Ecosystem Development
A semiconductor-ready ecosystem focusing on:
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OSAT/ATMP units
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Fabless design companies
will come up in Bhubaneswar, Cuttack and Paradip.
Boosting Jobs, IT Exports & Skill Development
Under the upcoming IT Policy 2025, Odisha aims to:
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Add ₹60,000 crore annually to its GSVA from IT services
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Create 2 lakh+ jobs in the next decade
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Expand cloud & cybersecurity training to 1 lakh youth
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Build world-class tech parks under PPP mode
Industry experts say Odisha is catching up with India’s top digital states, but emphasise the need for strong chip-design ecosystems, robust digital infrastructure and readily available, litigation-free land to attract global players.
A Vision for a Technologically Advanced Odisha
According to Dev, the goal is not just new infrastructure but placing Odisha firmly on the global digital map.
The next decade, he said, will be transformative as the state positions itself to become one of the country’s leading technology powerhouses.
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