India's First Telecom Manufacturing Zone in Gwalior to Attract Rs 2,000-Crore Investment

India's First Telecom Manufacturing Zone in Gwalior to Attract Rs 2,000-Crore Investment

The Indian government has set up the country's first telecom manufacturing zone in Gwalior, which is expected to attract Rs 2,000-crore investment and generate 4,500 jobs. The zone aims to become a global hub for telecom equipment manufacturing. Union Minister Scindia said the government has set a longer-term target of attracting Rs 8,000-9,000 crore in investments and creating 9,000-10,000 jobs through the manufacturing cluster. The zone is expected to create employment opportunities for skilled and unskilled workers. The government has also announced plans to set up a similar manufacturing zone in another location. The exact timeline for the second zone has not been announced yet.