
24 Companies Propose ₹5,500 Crore Investment for Asia’s First Telecom Manufacturing Zone (TMZ) in Gwalior: Union Minister Shri Scindia
Gwalior is poised to become a landmark hub in India’s telecom manufacturing sector with the establishment of Asia’s first Telecom Manufacturing Zone (TMZ). Union Minister of Communications Shri Jyotiraditya Scindia, accompanied by senior officials from the Department of Telecommunications, recently inspected the identified site at Shrimant Madhavrao Scindia Counter Magnet City (SADA, Gwalior). The ambitious project is expected to transform the city’s industrial landscape and generate over 18,000 direct and indirect employment opportunities.₹5,500 Crore Investment and 24 Global Companies
The TMZ will be established with a proposed investment of approximately ₹5,500 crore, with 24 global companies already initiating the application process to set up units. This initiative is not limited to a single industrial unit but envisions a complete ecosystem of 24–25 telecom manufacturing units, producing telecom equipment and components to strengthen India’s position in global telecom manufacturing.Land Allocation and Expansion Plans
For the first phase, 170 acres have been earmarked — 90+ acres in SADA and 70+ acres in the IT Park. Investor interest has already exceeded the available land, prompting plans to identify additional land for expansion. This reflects the strong momentum and confidence among industry players in Gwalior’s potential.![]() |
Roadshows and Investment Commitments
The journey towards the TMZ began with a MoU signed in July 2026 between the Department of Telecommunications and the Government of Madhya Pradesh. Subsequent investor roadshows in Delhi and Mumbai yielded significant commitments:- Delhi Roadshow: ₹3,500 crore investment, ~14,000 jobs
- Mumbai Roadshow: ₹2,000 crore investment, ~4,000 jobs
Incentives and Support Packages
The Government of Madhya Pradesh, under Chief Minister Dr. Mohan Yadav, has rolled out an attractive incentive package covering land lease, power, employment, production, and sustainability. Additionally, the Department of Telecommunications has proposed a ₹500 crore Common Testing Lab package, further boosting investor confidence.Connectivity, Infrastructure, and Skilled Talent
Gwalior’s strategic advantages make it an ideal choice for the TMZ:- High-Speed Corridor: The 120-km Agra-Gwalior corridor will enhance connectivity with Delhi and North India’s markets.
- Air Connectivity: A modernized airport, developed at a cost of ₹650 crore in just 16 months, links Gwalior to Delhi, Mumbai, and Bengaluru.
- Rail Network: Major railway routes facilitate efficient movement of goods and workforce.
- Talent Pool: With ~25,000 engineering graduates annually, Gwalior offers a robust supply of skilled professionals for the telecom sector.
A New Chapter in Industrial Development
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| Site for TMZ in Gwalior |
The TMZ is envisioned as a complete ecosystem covering six key verticals of telecom manufacturing, ensuring holistic growth. Shri Scindia highlighted that the Government of India, the Government of Madhya Pradesh, and all concerned departments are committed to providing full support to investors.
This initiative not only advances Gwalior’s industrial vision as a Counter Magnet City but also marks a new chapter in India’s telecom manufacturing journey, positioning the country as a global leader in the sector.


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