• Gwalior is set to emerge as a major hub for India’s telecom manufacturing sector with the establishment of Asia’s first Telecom Manufacturing Zone (TMZ).
• Union Minister Jyotiraditya Scindia inspected the site identified for the proposed TMZ at Shrimant Madhavrao Scindia Counter Magnet City (SADA, Gwalior) on September 20.
• Scindia said around 18,000 jobs are expected to be created under the project.
• The TMZ is expected to serve as a catalyst for the growth of telecom equipment manufacturers, technology companies, MSMEs, startups, and other stakeholders across the telecom value chain.
• It is a major step towards developing a complete industrial ecosystem of 24-25 manufacturing units linked to the telecom sector in Gwalior. These units will manufacture telecom equipment and various other devices.
• Subsequently, investor roadshows were held in Delhi and Mumbai in August under the leadership of Scindia and Chief Minister Mohan Yadav.
• An around 120-km Agra-Gwalior high-speed corridor is being developed to connect Gwalior with Delhi and major markets in north India. This connectivity will bring Gwalior closer to major industrial and commercial centres.