Mumbai to Host Telecom Manufacturing Zone Investors Meet in 2026

Mumbai/Bhopal/Gwalior/New Delhi - The Telecom Manufacturing Zone (TMZ) Investors Meet and Roadshow is set to take place on August 4, 2026, in Mumbai, graced by the presence of Union Minister for Communications and Northeast Development Jyotiraditya Scindia and Chief Minister Dr. Mohan Yadav. The event will also see participation from Amit Agarwal, Secretary of the Department of Telecommunications, and the Additional Chief Secretary of the Madhya Pradesh government. This meet follows the inauguration of India’s first Telecom Manufacturing Zone in Gwalior and aims to enhance industry participation in the telecommunications manufacturing sector, attract new investments, and accelerate the vision of an Atmanirbhar Bharat (self-reliant India). It is noteworthy that the first Investors Roundtable held in New Delhi garnered investment proposals worth ₹3,500 crores, potentially creating around 14,000 jobs.

The historic journey of India’s first Telecom Manufacturing Zone, which began in Gwalior, is set to receive a significant boost in Mumbai. On July 30, a Memorandum of Understanding (MoU) was signed between the Government of India’s Department of Telecommunications and the Madhya Pradesh government, marking the launch of this pioneering initiative. This step is a significant move towards developing a dedicated and integrated industrial ecosystem for telecommunications manufacturing in India. The upcoming roadshow and meet in Mumbai will represent the next crucial phase of this national initiative.

During the first Investors Roundtable in New Delhi, leading telecommunications and technology firms committed to investments totaling ₹3,500 crores. These investments are expected to generate approximately 14,000 direct and indirect jobs. The goal for the Mumbai Investors Meet is to accelerate this initiative, aiming to increase the total potential investment to over ₹10,000 crores. The event will feature major telecom manufacturing companies, technology firms, component manufacturers, infrastructure providers, investors, and key stakeholders from the telecommunications sector. This platform is designed to strengthen partnerships between industry and government while promoting new investment opportunities.

At the first Investors Roundtable in New Delhi, several prominent industry groups, including HFCL, Dixon, and VVDN, expressed their commitment to investing in this project. This positive engagement from the industry reflects growing confidence in India’s telecommunications policy, manufacturing capabilities, and investment-friendly environment.

The Mumbai Investors Meet is expected to further solidify collaboration between the government and the industry. This initiative will play a crucial role in establishing India as a competitive global hub for telecom manufacturing and innovation, attracting substantial investments and creating high-quality jobs.