ITI Limited Current Affairs - 2019
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State-owned ITI Limited has signed agreements with leading startups and original equipment manufacturers (OEMs) covering manufacturing of wide range of ICT-IOT (Information and communications technology- Internet of Things) based solutions. The agreements were signed on the sidelines of the first edition of ITI’s two-day ‘ICT & IoT Startup Tech Expo’ in Bengaluru, Karnataka.
The agreements with leading startups and OEMs covers manufacturing of civil and military advanced radar systems, advanced edge router systems, data storage and networking solutions, next generation 5G technology products, digital security solutions, advanced metering solutions and wi-fi products and solutions. This will help to promote effective platform for startups to convert their innovative ideas into marketable products and services. It will also help ITI diversify its’ manufacturing capabilities in partnership with startups, thereby supporting sustainable turnaround of ITI. It is also in line with draft National Digital Communications Policy 2018 which emphasizes domestic manufacturing of digital communications equipment and components and aims to introduce Phased Manufacturing Program for identified product segments.
ITI Limited- TEC New Delhi partnership
ITI Limited has also entered into agreement with Telecommunication Engineering Center (TEC), New Delhi for establishment of state-of-the-art telecom testing labs at its Bengaluru plant to facilitate mandatory testing of imported and indigenous telecom equipment in India.