Madhya Pradesh has attracted investment proposals worth approximately ₹5,800 crore in the semiconductor and electronics manufacturing sector, with the potential to create more than 10,000 jobs, Chief Minister Mohan Yadav announced on Friday, 23 October 2026. The proposals emerged from the Madhya Pradesh Semiconductor Summit 2026, held at the Brilliant Convention Centre in Indore, as the state moves to position itself as a hub for chip design, semiconductor manufacturing, and advanced packaging.

What the Summit Produced

The two-day summit drew more than 1,000 delegates, including representatives from Japan, South Korea, Taiwan, and Sweden, for deliberations on investment, technology development, and skill creation. Yadav said the Covid-19 pandemic had exposed India's vulnerability in semiconductor supply chains, underscoring the strategic urgency of building domestic capabilities.

'The shortage of semiconductors during the Covid pandemic showed how important this sector is for the economy and national security,' Yadav said, addressing the gathering.

Key Announcements and Letters of Intent

Five companies received letters of intent for land allotment, covering proposed investments of ₹9,625 crore and more than 4,450 direct jobs. The projects include a 50 MW hyperscale data centre in Gwalior, a lithium-cell manufacturing unit in Bhopal, and electronics-related facilities across Indore and Bhopal.

Additionally, seven companies were offered office space at the Electronics Complex in Indore, with the proposed facilities expected to generate more than 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 the Semiconductor Laboratory, Mohali, to advance skill development, investment promotion, and industry collaboration.

Centres of Excellence and Infrastructure Push

The government announced plans to establish a Semiconductor Centre of Excellence focused on chip design, VLSI, research, prototyping, and skill development. A separate Centre of Excellence for photonics and quantum technologies was also announced, signalling an ambition that extends beyond conventional chip manufacturing into next-generation deep-tech domains.

Yadav highlighted that the state's power generation capacity had grown from 5,000 MW to 32,000 MW, and assured investors of faster approvals, single-window clearances, and reliable power supply — addressing two of the most common friction points cited by electronics manufacturers.

Broader Investment Context

The semiconductor summit is part of a wider industrial push by Madhya Pradesh. Yadav noted that the state had introduced more than 25 policies over the past two-and-a-half years to attract capital. Proposals worth approximately ₹34 lakh crore had been received through the Global Investors Summit and other platforms, with more than 30 per cent reportedly moving towards implementation. This comes amid a national push to reduce dependence on imported semiconductors, anchored by the Centre's India Semiconductor Mission — making state-level initiatives like this one increasingly significant in the overall supply-chain strategy.

'Once someone comes to Madhya Pradesh, they become a part of Madhya Pradesh forever,' Yadav said, extending an open invitation to potential investors. With letters of intent signed and MoUs in place, the next test will be translating summit momentum into operational facilities on the ground.