CHIEF Minister Dr Mohan Yadav inaugurated two modern, hightech manufacturing units of the Pratap Group - Corsis Industries and Walters Technologies - at Smart Industrial Park in Pithampur. Built with a combined investment of Rs 850 crore, these units mark a major leap in high-technology manufacturing and clean energy while unlocking hundreds of new job opportunities for the region’s youth. Union Minister for Tourism and Culture Gajendra Singh Shekhawat was also present during the occasion. Empowering youth with modern technology EMPHASISING that youth employment remains the Government’s top priority, Dr Yadav highlighted India’s position as the world’s youngest major nation. He stated that establishing futuristic industries - such as optical fibre and lithium battery production - is essential to harnessing young talent. Developed with German technological support, these state-ofthe-art facilities incorporate Industry 4.0 automation and robotic assembly lines. To further incentivise job creation, the State Government offers financial assistance of up to Rs 5,000 per worker to employment-generating units, alongside robust infrastructure support.

 

‘Symbol of changing industrial landscape’ UNION Minister Gajendra Singh Shekhawat lauded the milestone, noting that the inauguration symbolises India’s rapid movement toward economic self-reliance under PM Modi’s leadership. He observed that the battery storage plant will power India’s clean energy transition, while the optical fibre facility will significantly bolster digital connectivity. He further added that the group currently provides direct and indirect employment to 30,000 people, with ongoing skill training for over 2,000 youths. Key project breakdown CORSIS Industries: Established over 8,067 square metres with an annual capacity of 5.5 million fibre kilometres, this plant generates around 300 direct and indirect jobs. It manufactures optical fibre essential for 5G networks, broadband, data centres, and smart city infrastructure. Walters Technologies Private Limited: Spanning 20,505 square metres with a 3 GWh production capacity, this battery storage facility creates nearly 250 direct and indirect jobs. It will cater to commercial energy integration and India's green transition.