Indore's Brilliant Convention Centre turned into a hub for India's chip ambitions on Friday, October 23, 2026, as Chief Minister Dr. Mohan Yadav inaugurated the two-day Madhya Pradesh Semiconductor Summit 2026 — signalling the state's intent to carve out a meaningful share of the country's fast-growing electronics and semiconductor ecosystem.

Five MoUs signed: from chip design to AVGC-XR excellence

In the presence of CM Dr. Yadav, the state government and Madhya Pradesh State Electronics Development Corporation Limited (MPSEDC) exchanged Memoranda of Understanding with five key institutions: ESSCI (Electronics Sector Skills Council of India), SEMI India, SCL Mohali, ISIG, and IICT. The agreements span a broad canvas — skill development, investment promotion, chip design, fabrication collaboration, and the establishment of an AVGC-XR Centre of Excellence. Each MoU targets a distinct link in the semiconductor value chain, from training workers at the entry level to enabling advanced chip fabrication partnerships with a central government laboratory.

SCL Mohali — the Semi-Conductor Laboratory under the Union Ministry of Electronics and Information Technology — brings particular heft to the table. Its involvement signals that Madhya Pradesh is not merely hosting a networking event but building live institutional bridges to India's existing fabrication infrastructure.

Letters of Award and the startup challenge winners

Beyond the MoU exchanges, CM Dr. Yadav personally handed Letters of Award to companies at the summit — a concrete step that moves intent toward commitment. He also distributed prize cheques to the winners of the Madhya Pradesh Semi Summit Startup Challenge 2026, recognising early-stage ventures working at the intersection of semiconductors, electronics, and emerging technology.

The startup challenge underlines a deliberate state strategy: build the top of the pipeline through institutional MoUs while simultaneously seeding the bottom with funded, incentivised entrepreneurship.

Where MP fits in India's national chip drive

India's India Semiconductor Mission, launched in 2021, and the accompanying Production Linked Incentive scheme for semiconductors created the national architecture. What is now unfolding is a second layer — states competing to become the preferred destination for design centres, assembly units, and specialised talent pools that the national mission needs to succeed.

Madhya Pradesh, with Indore already established as a tier-one commercial city and a growing engineering talent base, is positioning itself squarely in that race. The involvement of SEMI India, the global supply-chain industry body, and ESSCI, the national skills council for electronics, gives the summit credibility beyond state-level optics. The AVGC-XR (Animation, Visual Effects, Gaming, Comics, and Extended Reality) Centre of Excellence MoU adds a creative-technology dimension, recognising that chip design increasingly intersects with immersive content pipelines.

The real test arrives in the months ahead — whether the MoUs translate into ground-broken design centres, funded ITI curriculum upgrades, or cabinet-cleared investment proposals. For now, Indore has made its pitch loud and clear.