Madhya Pradesh gets ₹5,800 crore in semiconductor investment proposals
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- ✓Madhya Pradesh received investment proposals worth ₹5,800 crore in the semiconductor and technology sectors at a summit in Indore on Friday.
- ✓Chief Minister Mohan Yadav said the proposals could create more than 10,000 jobs.
- ✓The state also issued letters of intent for land allocation to five other major companies.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Business Standard
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Madhya Pradesh received investment proposals worth around ₹5,800 crore in the semiconductor and technology sectors at a summit in Indore on Friday. Chief Minister Mohan Yadav said the proposals could create more than 10,000 jobs. The semiconductor summit was held ahead of the Global Investors Summit scheduled for January 2027.
Una Ecosystems proposed an investment of ₹2,000 crore in an electronics system design and manufacturing (ESDM) facility, with 2,000 jobs expected. Spintronics AI Semiconductors proposed investing ₹1,800 crore in two phases, while Lalwala Industries put forward a ₹1,200-crore proposal for semiconductor manufacturing and chip design.
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