Indian Telephone Industries Limited Explained

ITI Limited
Native Name:आई टी आई लिमिटेड
Former Name:Indian Telephone Industries Limited (1948–1994)
Type:Central Public Sector Undertaking
Traded As:
Foundation:12 October 1948 (Corporate Status: 25 January 1950)
Location City:Bangalore
Location Country:India
Locations:6 manufacturing units in India
  • Bangalore (1948)[1]
  • Srinagar* (1969) *ITI Skill Development Center[2]
  • Naini (1971)[3]
  • Raebareli (1973)[4]
  • Palakkad (1976)[5]
  • Mankapur (1983)[6]
Key People:
Revenue: (2022) [7]
Net Income: (2022)
Assets: (2022)
Equity: (2022)
Owner:Department of Telecommunications, Ministry of Communications, Government of India[8]
Num Employees:1608 (June 1, 2024) [9]

ITI Limited, earlier known as Indian Telephone Industries Limited, is a central public sector undertaking in India. It is under the ownership of Department of Telecommunications, Ministry of Communications, Government of India. It was founded in 1948 as a departmental factory, incorporated as a public company in 1950 and today has six manufacturing facilities at Bangalore, Naini, Mankapur, Raebareli, Palakkad and Srinagar which produce a range of switching, transmission, access and subscriber premises equipment.[10] It is headquartered at Bangalore. It has multi-locational electronic assembly and mechanical manufacturing facilities, countrywide marketing and customer support centers and in-house R&D for absorption of technology, indigenous development of products for in-house manufacturing. It produces GSM mobile equipment at its Mankapur and Raebareli facilities.[11] These two facilities supply more than nine million lines per annum to both domestic as well as foreign markets. The Palakkad unit is responsible for data handling with assembly and personalization of smart cards and electronic manufacturing facilities for PCB's, HDPE Pipe, Smart Energy Meters, Micro PC under Smart City Mission etc. It also produces Information and Communication Technology (ICT) equipments such as network management systems, encryption and networking for internet connectivity, and secure communications networks and equipment for the defence. The company has 1608 employees June 1, 2024.[12] On 01-10-2020, ITI Limited signed a contract with Defence to implement ₹7,796 crore ASCON Phase-IV project.[13]

Sources

Notes and References

  1. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  2. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  3. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  4. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  5. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  6. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  7. Web site: Audited Financial Results (Standalone and Consolidated) for the Quarter and Year Ended 31st March 2022. Itiltd.in. 23 July 2022.
  8. Web site: 69th annual Report 2018-19. Itiltd.in. 23 July 2022.
  9. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  10. News: Article: ITI to develop IP phones. (Internet).(Indian Telephone Industries) . https://web.archive.org/web/20121103023818/http://www.highbeam.com/doc/1G1-86875870.html. dead. 3 November 2012. 1 May 2002. India Telecom . 9 February 2010.
  11. News: ITI bags order from Alcatel . 2 March 2006. BusinessLine. 9 February 2010.
  12. Web site: ITI Limited. Itiltd.in. 23 July 2022.
  13. Web site: 2020-10-02 . ITI signs contract for Army's ₹7,796-crore ASCON Phase IV project . 2022-08-01 . www.thehindubusinessline.com . en.

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