Madhya Pradesh has received investment proposals worth around ₹5,800 crore, with the potential to generate more than 10,000 jobs, Chief Minister Mohan Yadav said as the state seeks to develop a semiconductor and electronics manufacturing ecosystem.
The proposals emerged from investor meetings at the Madhya Pradesh Semiconductor Summit 2026, held over two days at the Brilliant Convention Centre in Indore and attended by more than 1,000 delegates, including representatives from Japan, South Korea, Taiwan and Sweden.
“The shortage of semiconductors during the COVID pandemic showed how important this sector is for the economy and national security,” Yadav said while addressing the summit. He added that the state has introduced more than 25 investor-friendly policies over the past two and a half years and that its power generation capacity has increased from 5,000 MW to 32,000 MW.
“Once someone comes to Madhya Pradesh, they become a part of Madhya Pradesh forever,” he said, inviting companies to invest in the state.
The government announced plans to establish a Semiconductor Centre of Excellence focused on chip design, VLSI, research, prototyping and skill development, alongside a separate Centre of Excellence for photonics and quantum technologies.
Separately, five companies received letters of intent for land allotment for projects worth ₹9,625 crore and more than 4,450 direct jobs, including a 50 MW hyperscale data centre in Gwalior and a lithium cell manufacturing unit in Bhopal. The state offered seven more companies office space at the Electronics Complex in Indore, expected to generate over 1,280 jobs.
The state government also signed memorandums of understanding with five institutions, including the Electronics Sector Skills Council of India, SEMI India and Semiconductor Laboratory, Mohali, to support skill development and investment promotion.
