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Shah Launches Rs 2 Lakh Crore Projects in MP, Touts Imminent Chip Self-Reliance

At the MP Growth Summit in Gwalior, he cast the state’s investment push as part of a broader national industrial strategy.

Overview

  • Speaking at MP Growth Summit-2025, Amit Shah said India entered semiconductors late but strongly and would soon be self-reliant and begin exporting, presenting this as an official expectation.
  • Shah inaugurated and laid foundation stones for industrial projects collectively valued at about Rs 2 lakh crore during the event held on Atal Bihari Vajpayee’s birth anniversary.
  • Officials said the announced investments span industry, energy, new and renewable energy, tourism and health, with an estimated 1.93 lakh jobs and plans for a multimodal logistics park in Indore.
  • Shah highlighted Madhya Pradesh’s record of 4.57 lakh MSME registrations in one year as evidence of expanding local entrepreneurship and capacity.
  • He linked the summit to the BJP’s investor-conclave model, credited Vibrant Gujarat as a template, and cited macro figures such as foreign exchange reserves above $700 billion and a claim that 46% of 2024–25 global digital transactions occurred in India.