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Shah Unveils Rs 2 Lakh Crore Project Push in MP, Pitches India’s Near‑Term Chip Self‑Reliance

Officials at the Gwalior summit pegged job creation from the investments at 1.93 lakh.

Overview

  • Amit Shah said India has made a late but strong entry into semiconductors and predicted the country would soon be self-reliant and start exporting chips.
  • Foundation stones and inaugurations for industrial and infrastructure projects collectively described as worth around Rs 2 lakh crore were conducted at the Abhyudaya Madhya Pradesh Growth Summit.
  • Madhya Pradesh reported 4.57 lakh new MSME registrations in a year as Shah framed the state as a future hub for small, medium and cottage industries.
  • An e‑Zero FIR system to bolster cybercrime response was launched, making Madhya Pradesh the second state after New Delhi to roll out the facility.
  • Shah cited foreign exchange reserves above $700 billion and India’s large share of global digital transactions, linking the growth narrative to regional conclaves modeled on Vibrant Gujarat.