Department of Telecommunications Hosts Third Investors’ Roundtable in Bengaluru for Telecom Manufacturing Zone Focusing on Investment, Innovation and Domestic Manufacturing
The Department of Telecommunications hosted its third Investors' Roundtable in Bengaluru to discuss investment opportunities in India's first integrated Telecom Manufacturing Zone in Gwalior, Madhya Pradesh. Chaired by Union Minister Jyotiraditya M. Scindia and Madhya Pradesh Chief Minister Dr. Mohan Yadav, the event focused on strengthening domestic manufacturing, research, and exports. The initiative features 100% central funding for Phase-I and state incentives to build a globally competitive telecom ecosystem.
Why It Matters
Important for UPSC, SSC, and state-PSC exams under current affairs covering government manufacturing initiatives, Make in India, and federal cooperative policies like the Telecom Manufacturing Zone in Gwalior.
In Simple Words
The Department of Telecommunications held its third Investors' Roundtable in Bengaluru to promote India's first integrated Telecom Manufacturing Zone in Gwalior, Madhya Pradesh. Led by Union Minister Jyotiraditya M. Scindia and Chief Minister Dr. Mohan Yadav, the roundtable brought together industry stakeholders to discuss boosting domestic telecom manufacturing, research and development, and exports.
The initiative is a joint effort where the Central Government provides full funding of ₹493 crore for Phase-I, and Madhya Pradesh contributes around 170 acres of land free of cost along with state incentives worth about ₹8,000 crore. The project aims to transition India from a services-led nation to a product-led global manufacturing leader under the Atmanirbhar Bharat vision.
Key Points
- The Department of Telecommunications organised the 3rd Investors' Roundtable in Bengaluru.
- The event focused on India's first integrated Telecom Manufacturing Zone in Gwalior, Madhya Pradesh.
- The roundtable was chaired by Union Minister Jyotiraditya M. Scindia and Madhya Pradesh Chief Minister Dr. Mohan Yadav.
- Phase-1 of the TMZ received 100% funding support of ₹493 crore from the Central Government.
- The Madhya Pradesh Government provided roughly 170 acres of land free of cost along with incentives of around ₹8,000 crore.
- An MoU for Phase-I of the TMZ was signed in New Delhi on 30th July 2026.
- Previous roundtables in Delhi and Mumbai secured investment commitments of ₹5,500 crore with 18,000 potential jobs.
- A Special Purpose Vehicle was established with 51% equity from MP and 49% from the Department of Telecommunications.
Exam Angle
A. ₹493 crore
Source: Press Information Bureau