Synopsys Inc’s first R&D unit in Eastern India opens in Odisha capital

Bhubaneswar: Chief Minister Naveen Patnaik today inaugurated a centre of Synopsys Inc, a global leader in semiconductor tool & IP, in Odisha capital here by putting a new milestone in semiconductor journey of the state.

This Bhubaneswar centre will be Synopsys’s first design and R&D unit in Eastern India where at least 300 highly skilled VLSI & semiconductor design engineers will work.

Synopsys is a world leader and provider of Electronic Design Automation (EDA) software and associated services. It offers world’s most advanced technologies for chip design, verification, IP integration, and software security and quality testing.

The company’s product portfolio also includes application security, semiconductor IP, verification, design and silicon engineering. Synopsys having at least 35 years of business experience, annual revenue of over 5 billion USD and around 19,000 employees worldwide have established its First Design and R&D unit of Eastern India in Odisha capital.

Chairman 5T Initiatives & Nabin Odisha VK Pandian,  Minister of State, Electronics & IT, Sports & Youth Services & Home Tusharkanti Behera, Electronics and IT Department Principal Secretary Manoj Kumar Mishra, Electronics and IT Department Special Secretary Manas Panda, Synopsys Vice President Amit Sanhgani, Synopsys SVP (HAT)  Shivananda Koteshwar, Synopsys India Group Director (R&D) Rashmi Ranjan Mohapatra and other senior officers from state and  Central government leaders and  professionals of Synopsys were present on the occasion.

“Odisha has emerged as a Destination of the Future with growing scale of investment, talent pool and ambition. The state government has taken a range of bold and pioneering initiatives to lay a strong foundation of a future where Odisha will emerge as a key player in the semiconductor landscape,” said the Chief Minister.

Synopsys’ Bhubaneswar centre shall steadfast state’s commitment for fostering innovation, economic growth, creating job opportunities as well as realise state’s vision and capability to transform into an ideal semiconductor hub and technology-driven enterprises, he added.

Echoing similar sentiments and calling Synopsys as the anchor organisation in the ESDM & Semiconductor space in Odisha, Electronics &IT Department Minister Tusharkanti Behera said, “Now with the seeding of the advanced technologies for chip design from Odisha, Synopsys has taken a leading role to show case its deep-rooted belief in state’s potential and capabilities in semiconductor sector. The new centre shall stand as a symbol of state’s potential as an emerging hub for ESDM & semiconductor with technological excellence”.

A high level delegation from Odisha, during its recent visit to USA, held meeting with senior leadership team of Synopsys Inc for setting up of it centre in Bhubaneswar. With grounding of the project and inauguration of Synopsys’ Bhubaneswar centre, the mission has been successful said Manoj Kumar Mishra, Principal Secretary, Electronics and IT Department.

It is pertinent to mention here that the Electronics and IT Department of Odisha is making continuous efforts to attract major investments into the state in IT/ITES & ESDM sector. The state government has launched Odisha Semiconductor Fab Policy to leverage the potential and cost advantages enjoyed by the state in Semiconductor and Fab manufacturing sector with fast mover advantages.

Under the visionary leadership and guidance of the Chief Minister, the state government has launched most ambitious Odisha Semiconductor Fab and Fabless Innovation and Acceleration Program (O-Chip) with an aim to make Odisha the cradle of semiconductor innovation in India. The O-Chip Program shall cultivate an ecosystem where startups, researchers, and students can thrive with provision of tools, funding, and mentorship they need, said an official.

During the launch of Odisha4Silicon programme, the state government has signed an MoU with Synopsys for building a collaborative supporting ecosystem, semiconductor and VLSI focused talent-transformation and providing semiconductor-focused research support.

With inauguration of Synopsys, Bhubaneswar, the new centre shall contribute immensely for building a larger ESDM ecosystem, creation of employment opportunities for youths and act as a catalyst for overall growth of the ESDM & Semiconductor Industry as well as economy of Odisha, added the official.