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Gwalior to Host Asia's First Telecom Manufacturing Zone with Rs 5,500 Crore Investment
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News18•20-09-2026, 19:15
Gwalior to Host Asia's First Telecom Manufacturing Zone with Rs 5,500 Crore Investment
- •Union Minister Jyotiraditya Scindia announced 24 companies proposed Rs 5,500 crore investment for Gwalior's Telecom Manufacturing Zone (TMZ), set to be Asia's first.
- •The project is expected to create approximately 18,000 jobs in Gwalior, transforming it into a major telecom manufacturing hub.
- •The TMZ aims to establish a complete industrial ecosystem with 24-25 manufacturing units producing telecom equipment and various devices.
- •Investor interest exceeded available land, prompting plans for additional land identification and allocation for the TMZ's expansion.
- •The Centre and Madhya Pradesh government signed an MoU in July 2026, followed by successful investor roadshows in Delhi and Mumbai, securing significant investment commitments.
Key Questions Answered
Union Minister Jyotiraditya Scindia announced that 24 companies have submitted formal investment proposals amounting to Rs 5,500 crore for the upcoming Telecom Manufacturing Zone in Gwalior.
The project is expected to generate approximately 18,000 employment opportunities as it establishes a complete industrial ecosystem of manufacturing units linked to the telecom sector.
The Centre and the Madhya Pradesh government formally signed a memorandum of understanding in July 2026 to establish Asia's first telecom manufacturing zone in Gwalior
