Bhopal, July 30 -- The Madhya Pradesh government and the Government of India on Thursday signed a Memorandum of Understanding (MoU) to establish India's first Telecom Manufacturing Zone in Gwalior, aimed to boost telecom and electronics manufacturing, attracting investments, and generating large-scale employment.

The MoU was signed between the Department of Telecommunications (DoT), Government of India, and the Government of Madhya Pradesh in the presence of Chief Minister Mohan Yadav and Union Minister Jyotiraditya Scindia in New Delhi.

According to an official release, the project is expected to attract investments worth around Rs 3,500 crore while creating significant employment opportunities in the state.

CM Yadav said the state ha...