Gwalior to get Asia’s first Telecom Manufacturing Zone with ₹5,500 crore investment

September 21, 2026 12:31 PM

Gwalior to get Asia’s first Telecom Manufacturing Zone with ₹5,500 crore investment

Gwalior is set to emerge as a major telecom manufacturing hub with the establishment of Asia’s first Telecom Manufacturing Zone (TMZ), involving an investment of approximately ₹5,500 crore and expected to generate more than 18,000 direct employment opportunities, the Ministry of Communications said. On Sunday, Union Minister for Communications and Development of North Eastern Region Jyotiraditya Scindia inspected the site identified for the proposed TMZ at Shrimant Madhavrao Scindia Counter...

Cabinet approves ₹5,000 crore equity infusion into SIDBI to boost MSME credit

January 21, 2026 1:00 PM

Cabinet approves ₹5,000 crore equity infusion into SIDBI to boost MSME credit

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved an equity infusion of ₹5,000 crore into the Small Industries Development Bank of India (SIDBI), a move aimed at strengthening credit flow to micro, small and medium enterprises (MSMEs). According to an official statement, the equity capital will be infused by the Department of Financial Services (DFS) in three tranches. Of the total amount, ₹3,000 crore will be infused in the financial year 2025–26 at a book...