Union Minister of Communications Shri Jyotiraditya Scindia to convene Investors’ Meet in Bengaluru along with Chief Minister, Madhya Pradesh, Dr. Mohan Yadav to attract Investment for Telecom Manufacturing Zone in Gwalior

The Department of Telecommunications is organizing an Investors’ Meet in Bengaluru, led by the Union Minister of Communications and the Chief Minister of Madhya Pradesh, to attract investments for Asia’s first Telecom Manufacturing Zone (TMZ) in Gwalior. The TMZ is envisioned as a 170-acre plug-and-play industrial cluster for telecom manufacturing, R&D, and innovation covering mobile devices, optical fiber, and 5G/6G technologies. Previous investor meets in New Delhi and Mumbai generated ₹5,500 crore in investment commitments. Under an MoU, the Central Government provides 100% funding support of ₹493 crore for Phase-I, while Madhya Pradesh provides land free of cost. A Special Purpose Vehicle with 51% state equity and 49% Department of Telecommunications equity has been established.