Madhya Pradesh Semiconductor Summit 2026 Draws Rs 5,800 Crore in Fresh Chip Proposals

24 October 2026National

The Madhya Pradesh Semiconductor Summit 2026 at Indore on 23 October 2026 drew eight fresh investment proposals worth about Rs 5,800 crore, over and above land-allocation letters of intent issued to five companies for projects worth roughly Rs 10,000 crore. Chief Minister Mohan Yadav said the new proposals could create more than 10,000 jobs. The largest fresh commitment came from Una Ecosystems, a Rs 2,000-crore electronics system design and manufacturing unit, followed by Spintronics AI Semiconductors (Rs 1,800 crore) and Lalwala Industries (Rs 1,200 crore). The state also announced a Centre of Excellence for Photonics and Quantum Technologies, building on India Semiconductor Mission 2.0.

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The India Semiconductor Mission was launched in 2021 under the Semicon India programme with an outlay of Rs 76,000 crore, under the Ministry of Electronics and Information Technology | OSAT stands for Outsourced Semiconductor Assembly and Test; ESDM stands for Electronics System Design and Manufacturing | Bhopal is the capital of Madhya Pradesh, India's second-largest state by area, while Indore is its commercial capital

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