Union Minister Scindia, MP CM Mohan Yadav Secure Cumulative ₹5,500 Crore Investment Commitments for India’s first Telecom Manufacturing Zone

Union Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Mohan Yadav co‑chaired the second Investors’ Meet in Mumbai, securing fresh investment commitments of ₹2,000 crore for India’s first Telecom Manufacturing Zone (TMZ) in Gwalior. With earlier commitments, the TMZ now has a cumulative ₹5,500 crore pledged and is projected to generate over 18,000 jobs. The Minister highlighted a three‑pronged strategy – domestic value addition, IP creation, and export‑ready Indian‑designed products – to shift India from a services‑led to a product‑led telecom sector under the ‘Make in India, Make for the World’ vision. A joint Centre‑State SPV will steer implementation, leveraging Gwalior’s central location, connectivity and upcoming Agra‑Gwalior Expressway.