Madhya Pradesh Powers Up Semiconductor Ambitions with MPSEDC–SEMI India MoU and IESA’s Industry ecosystem support.

Bhopal / National, 23 October 2026: SEMI India and The India Electronics and Semiconductor Association (IESA) reaffirmed their commitment to advancing Madhya Pradesh’s semiconductor and electronics ecosystem at the Madhya Pradesh Semiconductor Summit 2026, held in Indore on October 23–24. A key milestone was the signing of a Memorandum of Understanding (MoU) between SEMI India and the Madhya Pradesh State Electronics Development Corporation Limited (MPSEDC), a Government of Madhya Pradesh undertaking under the Department of Science and Technology to set up a framework for further collaboration on ecosystem development and investment promotion in the state. The MoU was exchanged in the presence of Dr. Mohan Yadav, Hon’ble Chief Minister of Madhya Pradesh.

India’s semiconductor effort is moving from individual projects to a connected value chain, with Semicon 2.0 now approved and states competing to build clusters. Under the leadership of Hon’ble Chief Minister Dr. Mohan Yadav, Madhya Pradesh is pursuing a vision to become an important destination for semiconductor and advanced technology investments. The state aims to leverage its central location, industrial base around Indore and Pithampur, skilled talent and semiconductor policy framework to attract investment, strengthen industry–academia collaboration and create high-value employment.

Semiconductor growth built on credibility and capability

Addressing the summit as Guest of Honour, Ashok Chandak, President, SEMI India and IESA, said: “India’s ambition is not simply to catch up with the world, but to become a trusted partner in the global semiconductor value chain. Credibility, capability, commitment and policy continuity are the four pillars of success in this industry. Madhya Pradesh has important strengths to build upon, and the opportunity now is to translate its vision into investments, manufacturing capabilities, strategic partnerships and quality jobs.”

MPSEDC–SEMI India MoU to strengthen the ecosystem

Chips needs ecosystem, and this MoU lets Madhya Pradesh plug into SEMI’s global industry network.

For industry, it opens a structured channel to facilitate technology cooperation, identify opportunities across the semiconductor value chain, support policy dialogue and encourage collaboration in manufacturing, talent development and supply-chain.

It also builds on IESA’s earlier engagement with Madhya Pradesh, including its prior MoU with MPSEDC and its support for the State’s policy development.

Mr. Mahip, Managing Director, MPSEDC, said: “Madhya Pradesh is committed to building a strong and sustainable semiconductor and electronics ecosystem. Our collaboration with SEMI India and IESA will help connect the state with global industry leaders, identify investment opportunities and strengthen capabilities across manufacturing, design, advanced packaging and talent development.”

“By combining the state’s industrial strengths with SEMI India’s global network, we aim to create an enabling environment for investment, innovation and long-term growth.” said Mr. Chandak.

IESA leaders contribute to summit discussions

Sudhir Naik, Treasurer, IESA; CEO and Founder, N CUBE Semicon: Panel on Making Madhya Pradesh an Advanced Packaging & Testing Hub. Ashok Chandak, President, SEMI India and IESA: Chair, AI Infrastructure Roundtable. Anand Kumar, Board of Directors, IESA; Managing Director, STMicroelectronics India: Keynote on Industry–Academia Collaboration for Talent Development And moderating the session on contributions of Industry Associations and consulting companies.

Madhya Pradesh Semiconductor Summit 2026 carries forward the momentum of SEMICON India 2026, held in New Delhi on September 17-19, which brought together global semiconductor leaders, policymakers, investors and technology innovators. The Madhya Pradesh summit extends this national momentum to the state level, with discussions spanning semiconductor manufacturing, advanced packaging and testing, chip design, electronics manufacturing, AI infrastructure and talent development.

IESA and SEMI India will continue to work with the Madhya Pradesh government and MPSEDC to connect global industry stakeholders, facilitate partnerships and support the development of the state’s semiconductor and electronics ecosystem.

About SEMI India

SEMI is the global industry association serving the electronics design and manufacturing supply chain. Through its global network, industry platforms, advisory committees and workforce initiatives, SEMI supports collaboration across the semiconductor and electronics ecosystem. SEMI India, based in Bengaluru, works with industry stakeholders to advance India’s semiconductor and electronics manufacturing capabilities and organises SEMICON India in partnership with the India Semiconductor Mission, Ministry of Electronics and Information Technology, Government of India.