Gwalior Telecom Manufacturing Hub Expected to Attract ₹12,000 Crore Investment: Scindia.

Union Minister Jyotiraditya Scindia recently said the Telecom Manufacturing Zone being developed in Gwalior is expected to attract investments of ₹10,000-12,000 crore over two phases.

The Department of Telecommunications and the Madhya Pradesh government have signed a memorandum of understanding (MoU) to establish the Telecom Manufacturing Zone across 170 acres in Gwalior.

"We expect total investment in the Telecom Manufacturing Zone will be in the range of ₹10,000 crore to ₹12,000 crore by the end of the second phase," Scindia said.