India's Gujarat state is in talks with semiconductor companies in Japan, South Korea and the U.S. for investment in the state, Gujarat Chief Minister Bhupendra Patel told Reuters on Thursday.

Gujarat, which is Prime Minister Narendra Modi's home state, is holding its biennial Vibrant Gujarat Global Summit next week and has signed initial investment agreements worth $86 billion with 58 companies ahead of the event. (Reporting by Rupam Jain and Sumit Khanna; Writing by Shivam Patel; Editing by Jacqueline Wong)