Indore is making its pitch to become India's next big destination for chips, data centres, and deep-tech research — and on Friday, October 23, 2026, the Chief Minister's Office of Madhya Pradesh put that ambition into action. At the Madhya Pradesh Semiconductor Summit 2026 in Indore, Chief Minister Dr. Mohan Yadav held a series of one-to-one meetings with top industry and technology representatives to turn investment interest into concrete commitments.

JLL's India Head Scouts Indore for Data Centre Locations

The first of those conversations centred squarely on real estate and infrastructure. Dr. Yadav met with Mr. A. Shankar, India Head of global property and advisory firm JLL, and Senior Director Mr. Simon Thomas, to identify suitable sites in Indore for IT infrastructure and data centre investment. The discussion focused on 'upyukt sthalon ki pahchan' (identifying suitable locations) — a signal that site-selection work is already underway, not merely aspirational.

For context, JLL is one of the world's leading real estate services firms and regularly advises hyperscalers and colocation operators on where to place large-scale data centre campuses. Its engagement at a state-level summit carries weight: these firms do not typically join exploratory conversations unless demand signals justify the diligence.

TECC Science Director Explores Research and Institutional Ties

The second meeting opened a different door entirely — one toward Taiwan. Prof. Lung-Jieh Yang, Science Director of TECC (a Taiwan-linked science and technology cooperation body), discussed possibilities for science and technology collaboration, research exchange, and institutional partnerships with the state. Taiwan's semiconductor ecosystem — home to some of the world's most advanced fabrication capabilities — makes this kind of institutional handshake strategically significant for a state that is actively building its semiconductor ambitions from the ground up.

Madhya Pradesh's Play in India's Chip Race

None of this is happening in a vacuum. The India Semiconductor Mission, launched in 2021, put serious financial incentives — including capital subsidies for fabrication, assembly, and design units — on the table for states willing to compete. Madhya Pradesh's Industrial Policy 2021–26 had already flagged electronics and IT as priority sectors, coupling capital subsidies with single-window clearance to make the pitch smoother.

Indore brings a specific structural advantage: established IT parks, a growing talent base from institutions like IIT Indore, and a central-India location that reduces logistics costs for supply-chain integration. Across the country, state governments are racing to lock in semiconductor and data centre projects under national Production Linked Incentive schemes as global tech companies accelerate supply-chain diversification away from a handful of manufacturing nodes.

The one-to-one format of these meetings — rather than large panel discussions — suggests the summit is designed to move fast, converting high-level interest into specific investment proposals and, eventually, formal MoUs. Whether those documents materialise in the weeks ahead will be the real measure of the summit's success.