Union Minister Ashwini Vaishnaw joined through video conferencing on the second day of the ‘Global Investors Summit 2025’ organized in Bhopal.
On this occasion, Vaishnaw congratulated the HLBS family for the new plant on the auspicious eve of Mahashivratri. He also announced that by 2025, the first ‘Made in India’ semiconductor chip would be ready for production.
Madhya Pradesh’s Rapid Growth in Electronics Manufacturing
Shri Vaishnaw acknowledged the significant contributions of Prime Minister Shri Narendra Modi and Madhya Pradesh Chief Minister Shri Mohan Yadav in achieving this milestone. He noted that under the leadership of Prime Minister Modi, electronic manufacturing in Madhya Pradesh has gained significant momentum.
Two electronic manufacturing clusters have been approved by the Hon’ble Prime Minister, one in Bhopal and the other in Jabalpur. Currently, 85 companies are actively engaged in the electronics manufacturing sector in the state, marking a major success for the Both Government.
Training for 20,000 Engineers in Madhya Pradesh
The Union Minister also highlighted the government’s commitment to technological advancement by announcing the training of 20,000 engineers under the Future Skills Program in Madhya Pradesh. Over the past decade, the electronics manufacturing sector has witnessed unprecedented growth, reaching a valuation of Rs.10 lakh crore. India is currently exporting electronics worth of Rs.5 lakh crore, including mobile (Rs.4 lakh crore); laptops, servers, telecom equipment (₹75,000 crore) and defense & medical electronics. Electronics is amongst the Top 3 export items.
Strengthening India’s Semiconductor Manufacturing Capabilities
India has made significant progress in semiconductor manufacturing, with five units under construction simultaneously. The first ‘Made in India’ chip is expected to roll out by 2025. To further strengthen the talent pipeline, the government has initiated a program to train 85,000 engineers in advanced semiconductor and electronics manufacturing.
Shri Vaishnaw apprised Prime Minister Narendra Modi’s clear vision and leadership, emphasizing that the government’s unwavering commitment has propelled India’s electronics manufacturing industry to new heights. He congratulated Chief Minister Shri Mohan Yadav and the people of Madhya Pradesh on this remarkable achievement and extended his best wishes on the auspicious occasion of Mahashivratri.
Key Features of the New IT Campus
The newly inaugurated IT campus spans 1 lakh square feet, equipped with state-of-the-art facilities to manufacture IT hardware and electronic products under one roof. The plant will produce servers, desktops, motherboards, chassis, RAM, SSDs, drones, and robots, among other end-to-end electronic components. Over the next six years, the campus will witness an investment of approximately Rs. 150 crores, generating employment for nearly 1,200 professionals. The facility will also manufacture desktop computers, all-in-one workstations, laptops, tablets, and monitors.
On the first day of the Global Investors Summit, the Union Minister also announced significant investments in Madhya Pradesh. The Indian Railways and the Madhya Pradesh government signed agreements on renewable energy projects, further strengthening their partnership.
India’s Focus on Future-Ready Infrastructure
The Modi government has been focusing extensively on future-ready infrastructure and capacity building. To achieve the vision of Viksit Bharat 2047, the government is prioritizing four key areas across all sectors: infrastructure investment, inclusive growth, manufacturing expansion, and simplification of laws.
What is HLBS
HLBS is a technology company with a manufacturing unit in Bhopal and an upcoming state-of-the-art manufacturing and R&D facility in Bhopal IT Park. It focuses on developing innovative and high-tech products to serve both domestic and global markers. HLBS aims to provide cost-effective solutions to enhance the affordability of electronic products for all, particularly the common masses. Committed to quality and reliability, HLBS ensures that every product under its banner meets the highest standards. The company is recognized and trusted across India for its technological advancements and contributions to the electronics sector.
