Madhya Pradesh locks in Rs 9,625 crore for five high‑tech projects at Semiconductor Summit

Madhya Pradesh has secured investment proposals worth Rs 9,625 crore for five technology projects announced at the state's Semiconductor Summit‑2026. The five projects, for which the government issued letters of intent for land, are expected to create more than 4,450 direct jobs.

Projects

The largest proposal is a 50‑MW hyperscale data centre by CyTac RE at Ganga Malanpur in Gwalior, valued at Rs 6,415 crore. A lithium‑cell plant by Una Ecosystems Pvt Ltd in Bhopal will invest Rs 2,000 crore and have a 1.5 GWh capacity. Meena Circuits plans a Rs 400 crore electronic system design and manufacturing unit, while Kaynes Electronics proposes a Rs 310 crore electronics factory at the IT Park in Badwai, Bhopal. Auriga IT Solutions Pvt Ltd seeks to set up a Rs 500 crore Global Capability Centre in Indore's Sinhasa IT Park.

Reactions

Chief Minister Mohan Yadav said the two‑day summit also attracted fresh proposals worth Rs 5,800 crore and highlighted the state’s aim to become a leading semiconductor hub. He noted that Madhya Pradesh has received investment proposals totaling roughly Rs 34 lakh crore, with over 30 % moving to ground‑level implementation. Delegates from Japan, South Korea, Taiwan and Sweden participated, discussing chip design, advanced packaging, AI and supply‑chain development.

Context

The announced semiconductor centre of excellence will support chip design, VLSI research and skill training, while a separate photonics and quantum centre will focus on quantum computing and deep‑tech research, reflecting the state’s push to diversify beyond its traditional industrial base.