Pratap Group opens ₹850-cr fibre, battery plants in Madhya Pradesh

Pratap Group has opened two manufacturing facilities in Madhya Pradesh with an investment of ₹850 crore, the company announced on Thursday. The plants, Corsis Industries for advanced optical fibre and Voltters Technologies…

Pratap Group has opened two manufacturing facilities in Madhya Pradesh with an investment of ₹850 crore, the company announced on Thursday. The plants, Corsis Industries for advanced optical fibre and Voltters Technologies for battery energy storage systems and lithium-ion solutions, have already started production. Chief Minister Mohan Yadav said on X that more than 30,000 youth will gain employment through these units, calling the lithium battery plant the country's third-largest.

Pratap Group opens ₹850-cr fibre, battery plants in Madhya Pradesh

The Gurugram-headquartered telecom infrastructure maker is executing major BharatNet contracts. In March, it signed a ₹8,025 crore deal with BSNL to design, build, operate and maintain a middle-mile network across three packages covering Rajasthan, Haryana and Assam. In February, it also secured Odisha and Andhra Pradesh packages for BSNL's 4G Saturation programme. Union Minister Gajendra Singh Shekhawat said reliable power supply and high-level connectivity through optical fibre and storage systems will help harness solar and wind energy for India's digital and AI era.

Indian Opinion Analysis

Pratap Group's move deepens its bet on BharatNet just as BSNL's Phase-3 roll-out gathers pace. The company already holds three packages worth ₹4,507.64 crore for middle-mile network work in Rajasthan, Haryana and Assam. With fibre production now in-house, it can cut sub-contractor margins and control timelines for those contracts. For Madhya Pradesh, this is the third lithium-ion plant by size, but battery storage is still a niche industry in India, entire installed BESS capacity stood at roughly 220 MWh as of 2024, well below the government's 2026 target of 4,000 MWh. The 30,000 jobs figure is likely spread over the plant's full life cycle, not immediate hiring. Watch for BSNL's award of the remaining four BharatNet packages later this year.


Source: telecom.economictimes.indiatimes.com

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