Union Minister for Communications Jyotiraditya Scindia
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India’s first Telecom Manufacturing Zone (TMZ) will serve as an extension of the current production-linked incentive, said Union Minister Jyotiraditya Scindia , during the Telecom Manufacturing Zone Investors Meet in Mumbai.The TMZ to be set up in Gwalior, Madhya Pradesh is to attract ₹10,000-12,000 crore investment over two phases, focusing on 5G and 6G hardware, semiconductors, and optical fiber. Aside from being the first TMZ in country, Scindia clarified that this will be the only such zone by the government.“You can think of this TMZ as an extension of the PLI. There is close to ₹12,000 crore worth of investments in this TMZ. Investors will almost get ₹7,000-8,000 crore worth of incentives back. So in a way this is also a PLI,” said Scindia, when asked about sustaining PLI production volumes.The PLI has led to almost ₹6,500 crore worth of investment, ₹1,20,000 crore worth of revenue, ₹25,600 crore worth of export, and creation of 35,000 jobs, according to Scindia.Representatives of 20 telecom stakeholders including Jio, Airtel, Vi, participated in the closed door event.“About 17 companies here, who have committed investments or committed to invest. They will be going to the drawing board. Many companies that have invested are saying that 80 per cent of their production will be done,” said Scindia, citing representatives from various verticals OEMs, telcos, chip designers, bank investors, etc.The commitments received will consider manufacturing, value addition and IP creation. Many companies spoke of wanting to set up their own testing labs and R&D labs. Published on August 4, 2026
