Archive · 23 Sep 2026
Mohan Yadav Courts Tech Leaders Over ₹500 Crore MP Investments
Madhya Pradesh Chief Minister Mohan Yadav visited Bengaluru to encourage technology companies to invest in his state.
He was accompanied by Union minister Jyotiraditya Scindia.
They discussed plans connected to a telecom manufacturing area in Gwalior.
Companies talked about building chip-design facilities, data centres and drone-technology operations.
Tholons discussed a ₹210 crore global capability centre.
Two companies each proposed investing ₹100 crore in chip design.
A venture fund discussed giving about ₹200 crore to startups.
Other companies, including Rapido and Donau Carbon India, also discussed possible investments.
Madhya Pradesh Chief Minister Mohan Yadav met investors in Bengaluru on Tuesday to attract investment to Gwalior’s Telecom Manufacturing Zone.
Investment proposals exceeding ₹500 crore covered chip design, drones, data centres and space.
Tholons proposed a ₹210 crore global capability centre unit in Madhya Pradesh.
Aseem Maven Silicon and Core-IC Technologies each proposed ₹100 crore chip-design investments.
CEFUND proposed providing around ₹200 crore to fund startups in Madhya Pradesh.
- Who
- Madhya Pradesh Chief Minister Mohan Yadav, Union minister Jyotiraditya Scindia and technology-sector investors.
- What
- They discussed investment proposals exceeding ₹500 crore across chip design, drone technology, data centres, space and startups.
- When
- Tuesday.
- Where
- Bengaluru, with proposed projects focused on Madhya Pradesh, particularly Gwalior.
- Why
- To attract investment to Gwalior’s Telecom Manufacturing Zone and expand telecom equipment manufacturing, innovation and research in Madhya Pradesh.
- Location of meetings
- Bengaluru
- Target project
- Telecom Manufacturing Zone in Gwalior
- Total proposals
- More than ₹500 crore
- GCC proposal
- Tholons discussed a ₹210 crore unit in Madhya Pradesh
- Chip-design proposals
- Aseem Maven Silicon and Core-IC Technologies each proposed ₹100 crore
- Startup funding proposal
- CEFUND proposed around ₹200 crore
- Other sectors
- Drone technology, data centres and space