The optical fibre plant, built by Corsis Industries, will have an annual capacity of 5.5 million kilometres of fibre, supporting broadband, 5G, and smart city networks.
The battery storage plant, operated by Voltters Technologies, will produce lithium‑ion battery solutions with a capacity of 3 gigawatt‑hours, helping store solar and wind power.
Both facilities are part of the Smart Industrial Park and aim to strengthen the state's economy and technological capabilities.
Two new manufacturing units were inaugurated in the Pithampur industrial area: one for optical fibre and one for battery energy storage systems.
The projects together involve an investment of about 650 crore Indian rupees and are expected to generate roughly 550 jobs.
Want to learn even more? Click here to read the full story!