ITI Limited Signs MoU With IESA
ITI Limited is manufacturing a diverse range of Information and Communication Technology (ICT) products/solutions to hone its competitive edge in the convergence market by deploying its rich telecom expertise and vast infrastructure. The Company is diversifying towards IOT, Smart city, Smart cards, Solar, other allied telecom products and services including turnkey project execution to offer solutions in diversified fields.
The company has signed signed a Memorandum of Understanding (MoU) with India Electronics & Semiconductor Association (IESA), a not-for-profit industry body that works towards enhancing and promoting made-in-India products for world markets.
In MoU, ITI will provide its infrastructure to manufacture electronic products with special focus on telecom and allied smart electronic products. Under the understanding, envisages setting up of infrastructure to enable ITI develop intelligent electronics ecosystem in the country inclusive of product design, development and manufacturing with a focus not limited to areas such as Telecom, Internet of Things, Smart Cities, Smart Manufacturing, Smart Agriculture and others. IESA will be the exclusive knowledge and transformation partner for unlocking value of in-house knowledge, technologies, expertise and of spareable, de-licensed, large physical infrastructure of ITI. The initiative will facilitate small and medium enterprises and start-ups to utilize ITI's existing infrastructure for prototyping, testing and certification purpose.
Highlighting the MoU, create a first of its kind 5G Village at ITI premise that will focus on design, development, prototyping, testing and manufacturing of 5G related and enabled equipment, devices, solutions for needs of the country. The 5G village will be equipped with Telepreneur Hub, Systems Innovation Lab, Systems Certification Lab, Radiated Application Test beds and a Regulatory Sandbox. The objective of the MoU is to build an intelligent electronics ecosystem in the country, promotion of make-in-India and startup India initiatives