Madhya Pradesh Chief Minister Mohan Yadav and Union Communications Minister Jyotiraditya Scindia will jointly lead a high-level investor outreach in Bengaluru on 22 September 2026, seeking fresh capital for the Telecom Manufacturing Zone (TMZ) being developed in Gwalior. The joint appearance by a state chief minister and a Union minister signals a coordinated Centre-state push to position Madhya Pradesh as a serious destination for telecom and electronics manufacturing.

What the Round Table Will Cover

Yadav and Scindia will participate in an Investors Round Table with leading telecom companies and investors at Taj Bengaluru. The session will focus on investment opportunities within the Gwalior TMZ, available industrial incentives, and the broader vision of building a telecom and electronics manufacturing ecosystem across the state. Additional Chief Secretary Neeraj Mandloi and senior officials from the Department of Telecommunications will present the zone's key features and policy support framework.

Representatives of established telecom firms will share operational experiences, while companies eyeing the Gwalior zone are expected to table specific investment proposals and outline their requirements. According to an official government statement, CM Yadav will personally field investors' queries and reaffirm the state government's commitment to facilitating investment in Madhya Pradesh.

Research and Innovation on the Agenda

The round table will also explore possibilities for research, innovation, and expansion of allied industries linked to telecom equipment manufacturing — a deliberate attempt to move beyond assembly-line investment toward deeper technology integration. The government has specifically noted its intent to leverage Bengaluru's established technology ecosystem to forge research and technology partnerships for the Gwalior zone.

Yadav is scheduled to visit Qualcomm's R&D centre, Signalchip Innovations, and Signaltron Systems during the trip, seeking to understand the current state of telecom research and innovation. These visits are aimed at exploring potential collaboration agreements between Bengaluru-based technology companies and the proposed manufacturing hub in Gwalior.

Centre-State Alignment and Strategic Significance

Scindia's involvement is particularly noteworthy. As the Union Communications Minister and a politician with deep roots in Gwalior, his participation brings the weight of the Centre's telecom policy directly into the investor pitch — a dynamic that could accelerate regulatory clearances and central scheme benefits for the zone. This comes amid India's broader push to reduce dependence on imported telecom hardware and build domestic manufacturing capacity under national electronics and telecom policy frameworks.

The Gwalior TMZ is positioned as a dedicated zone for telecom component and equipment manufacturing, at a time when global supply chain realignments are pushing companies to diversify production bases away from China. Madhya Pradesh is looking to capitalise on that window before competing states consolidate their own telecom manufacturing pitches.

What Investors Can Expect

The state government has indicated that investors will be briefed on available industrial policies, financial incentives, and on-ground support mechanisms. The round table format — as opposed to a unilateral announcement — signals that Madhya Pradesh is actively soliciting investor input on what infrastructure, connectivity, and policy conditions would make the Gwalior TMZ viable at scale.

The outcome of the Bengaluru session and subsequent investment commitments, if any, are expected to feed into the state's broader investment roadmap ahead of a likely Global Investors Summit in the coming months.