Madhya Pradesh: Semiconductor Summit-2026 in Indore Attracts Investment Proposals worth ₹5,800 Cr, Over 10,000 Jobs Expected: CM Mohan Yadav
CM Dr. Mohan Yadav Holds One-to-One Meetings with Representatives of Over 12 Companies
Chief Minister Dr. Mohan Yadav inaugurated the 'Madhya Pradesh Semiconductor Summit-2026' in Indore. During the event, investment proposals worth approximately ₹5,800 crore were announced, which are expected to generate over 10,000 jobs.
The two-day summit saw the participation of more than 1,000 delegates, including representatives from Japan, South Korea, Taiwan, and Sweden. The summit featured keynote addresses, panel discussions, and roundtables focused on the state's growing semiconductor and high-tech ecosystem.
To accelerate industrial development, the CM Mohan Yadav released the state's semiconductor policy in Japanese, Taiwanese, and Korean languages.
Key announcements included the establishment of a 'Semiconductor Center of Excellence' and a 'Photonics and Quantum Technologies Center,' as well as a focus on prioritizing high-tech industries along the Indore-Ujjain Economic Corridor.
Furthermore, 'Letters of Intent' (LoIs) were issued to several global and domestic companies for the allocation of land and office space. Agreements were also signed with institutions such as SEMI India and SCL Mohali to strengthen skill development and research.
Industry leaders praised the state's investor-friendly policies, low operational costs, and 'single-window clearance' system. With robust initiatives in chip design, lithium-cell manufacturing, and data centers, Madhya Pradesh is rapidly establishing itself as a major national technology hub.
Summit Highlights
Investment and Employment: Investment proposals totaling ₹5,800 crore were received during face-to-face meetings, with a target to create over 10,000 new jobs. New Infrastructure: Plans to establish a 'Semiconductor Center of Excellence' and a 'Photonics/Quantum Technologies Center' have been announced.
Global Engagement: Delegations from Japan, South Korea, Taiwan, and Sweden discussed the prospects for strategic partnerships and regional cooperation.