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

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 will focus on electronics manufacturing, component production and associated industrial activities, supporting India's growing domestic electronics supply chain and reducing dependence on imports.