Chief Minister Bhagwant Mann is continuously striving to take Punjab forward in the field of global semiconductor and high electronics ecosystem. He founded NXP, a leader in automotive and secure connectivity semiconductor solutions. Semiconductors have been invited. This company will work to explore the possibility of setting up a research and development center in Mohali.
This step into electronics system design, IT and cutting-edge mobility solutions Punjab Government It is part of a focused strategy. Its work is to attract investments, strengthen the innovation ecosystem and include the state in the global semiconductor value chain.
In this regard, the Chief Minister N.X.P. Maurice Gerets, Executive Director and Country Manager of Semiconductors Netherlands and N.X.P. Had a meeting with Dr. Ankit Pal, Public Policy Head of Semiconductors. He asked to explore opportunities for cooperation in advanced electronics, semiconductor design and innovative research-based ecosystem. He said that Mohali holds a special position to take advantage of the emerging electronics ecosystem of the province.
The Chief Minister announced the launch of System Design Solutions and NXP under partnership with Startup Punjab. Also discussed about possible cooperation on Startup Challenge Programme. The objective of which is to encourage innovation and research, support startups and co-develop cutting-edge technology solutions.
He also advocated leveraging Punjab's emerging automotive and auto-component ecosystem to develop solutions in areas such as Near Field Communication (NFC), Advanced Driver Assistance Systems (ADAS) and secure connectivity technologies, which are in line with global industry trends.
The Chief Minister also mentioned the strong ecosystem of talent present in the province, which includes IITs. Ropar, I.S.B. Mohali, Plaksha University, Punjab Engineering College, Thapar Institute of Engineering and Technology and other premier institutions, which can work positively to produce high-quality research and engineering workforce.
Chief Minister N.X.P. He was invited to visit Punjab to explore the immense potential in the province and opportunities for working together. Apart from this, he also advocated for taking forward discussions in the areas of research, innovation and startup ecosystem development so as to further strengthen Punjab's position in the global semiconductor value chain.
He also presented Punjab's position as an emerging hub for Electronics System Design and Manufacturing (ESDM), IT and cutting-edge mobility solutions.
The Chief Minister also spoke about the recently launched Industrial and Trade Development Policy (IBDP) 2026, under which Electronics and Semiconductors has been identified as a profitable sector with incentives up to 125 per cent of fixed capital investment.
He also mentioned the recent investments made in IT City, Mohali by leading global companies, including Infosys, and the ongoing expansion of the Semi-Conductor Laboratory (SCL), Mohali, where capacity addition initiatives are being taken up with the participation of Tata Group under the Semiconductor Mission of the Government of India. He said, “As a result of the active efforts of the provincial government, Punjab has now emerged as the most preferred investment destination across the world.” Cabinet Minister Sanjeev Arora and others were also present on this occasion.
