Madhya Pradesh Secures Rs 25,640 Crore in Tech Investments for Job Creation
Madhya Pradesh has garnered investments worth Rs 25,640 crore from 35 technology companies, fostering 1.83 lakh jobs. Key investments span electronics manufacturing and IT, with major contributors including Amber, Elcina, and Tholons. Global giants like IBM and Microsoft signed MoUs to bolster the state's IT ecosystem.
- Country:
- India
Madhya Pradesh has emerged as a preferred destination for technology investments, attracting commitments worth Rs 25,640 crore. These investments, unveiled during the GIS 2025 IT and Technology Summit, promise to generate over 1.83 lakh jobs in the state.
The major sectors seeing significant funding include electronics manufacturing and IT, with a combined promise of creating thousands of employment opportunities. Companies like Amber, Elcina, and Tholons have made significant commitments, reflecting growing investor confidence in Madhya Pradesh's tech infrastructure.
Global tech giants like IBM, Barclays, and Microsoft have also signed memoranda of understanding to enhance the state's IT and electronics ecosystem. The state's Chief Minister, Mohan Yadav, emphasized Madhya Pradesh's potential to become a leading tech hub in India.
(With inputs from agencies.)
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- electronics
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