Madhya Pradesh Draws ₹15,400 Crore in Semiconductor Summit Pledges

Madhya Pradesh secured commercial investment commitments exceeding 15,400 crore rupees during the state semiconductor summit held in Indore. Chief Minister Mohan Yadav announced that government officials also received project proposals valued at 5,800 crore rupees with the capacity to create 10,000 employment positions.

Spintronics AI Semiconductors proposed investing ₹1,800 crore in two phases, according to Business Standard.

The Madhya Pradesh Semiconductor Policy provides a power tariff subsidy of ₹2 per unit for the first 10 years of operation, according to Business Standard.

The two-day inaugural gathering at the Brilliant Convention Centre drew more than 1,000 delegates including international representatives from Japan, South Korea, Taiwan, and Sweden. State authorities issued letters of intent for industrial land allotment to five corporations planning 9,625 crore rupees in capital outlays and 4,450 direct jobs.

Major Infrastructure and Manufacturing Allocations

CyTac RE will invest 6,415 crore rupees to establish a 50 megawatt hyperscale data centre at Ganga Malanpur in Gwalior. Una Ecosystems will build a 1.5 gigawatt-hour lithium-cell production facility at EMC-2 in Bhopal involving 2,000 crore rupees. Auriga IT Solutions plans a Global Capability Centre at Singhassa IT Park in Indore with a 500 crore rupee outlay generating 3,500 jobs. Kaynes Electronics received land at Barwai IT Park in Bhopal for a 310 crore rupee electronics assembly plant supporting 950 workers.

Research Facilities and Advanced Corridors

A separate Centre of Excellence for Photonics and Quantum Technologies will advance quantum computing, secure communication protocols, and deep-tech materials research. The administration will prioritize semiconductor fabrication, advanced packaging, and electronics design clusters along key economic corridors.