Bhubaneshwar, Aug. 12 -- Odisha's Minister of Industries and Skill Development Sampad Chandra Swain has said that the Union Cabinet's approval for two semiconductor projects in the state was a positive development and the state will move ahead in the sector.

The minister told ANI that the state is making efforts and taking steps to attract more FDI investment.

He said MoUs for the semiconductor projects were signed during the Utkarsh Odisha conclave.

The Union government on Tuesday approved four new semiconductor manufacturing projects with a total investment of Rs 4,600 crore under the India Semiconductor Mission (ISM) in three different states.

Out of the four projects that have been approved, two are in Odisha, one in Punjab, and o...