Chief Minister Dr. Mohan Yadav met representatives of Truechip Solutions Private Limited on the first day of the two-day Madhya Pradesh Semiconductor Summit 2026, being held at the Brilliant Convention Centre in Indore.

During the meeting, the company proposed an investment of ₹10 crore to establish a semiconductor design services centre in the city.

On the occasion, a Letter of Intent (LoI) was issued to the company for 2,500 square feet of space at IT Park-4 in Pardeshipura, Indore. The proposed facility is expected to strengthen the city's semiconductor design ecosystem and expand opportunities in advanced technology services.

Chief Minister Assures Government Support

During the meeting, Chief Minister Dr. Mohan Yadav assured the company representatives that the state government would extend all possible support, necessary facilities and incentives under its existing policies to promote industrial development and innovation in Madhya Pradesh.

The Chief Minister also invited the company's representatives to participate in the upcoming Global Investors Summit (GIS 2027), scheduled to be held in January 2027.

Truechip Solutions' Expertise in Semiconductor Technology

Established in 2010, Truechip Solutions is a global company specialising in semiconductor Intellectual Property (IP) and Verification IP (VIP).

The company provides Verification IP solutions for advanced protocols, including PCIe, CXL, UCIe, USB and DDR. Its areas of expertise also include System-on-Chip (SoC) verification, Design for Test (DFT), physical design and post-silicon services.

These technologies play an important role in the development, testing and validation of semiconductor chips and electronic systems.