Meena Circuits Proposes ₹400 Crore Investment for Electronics Manufacturing Facility in Madhya Pradesh

Madhya Pradesh – October 24, 2026: Meena Circuits has proposed an investment of ₹400 crore to establish an Electronics System Design and Manufacturing (ESDM) facility in Madhya Pradesh, strengthening the state's emerging electronics and semiconductor manufacturing ecosystem.

The project was announced during the Madhya Pradesh Semiconductor Summit 2026 in Indore, where the company received a Letter of Intent (LoI) for land allotment from the state government.

The proposed facility is expected to support electronics manufacturing, component production and associated industrial activities, contributing to India's expanding domestic electronics supply chain.

The investment could create opportunities for industrial construction contractors, electronics manufacturing equipment suppliers, automation companies, electrical infrastructure providers and specialised engineering service firms.

The project forms part of five investment proposals worth ₹9,625 crore announced during the summit, aimed at accelerating technology-driven industrial development across Madhya Pradesh.

The project remains at the proposed investment stage, with its precise location, construction schedule, production capacity and commissioning timeline yet to be disclosed