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Indian Telephone Industries Limited

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ITI Limited
Native name
आई टी आई लिमिटेड
FormerlyIndian Telephone Industries Limited (1948–1994)
Company typeCentral Public Sector Undertaking
BSE: 523610
NSE: ITI
Industry
Founded12 October 1948 (Corporate Status: 25 January 1950)
Headquarters
Bangalore
,
India
Number of locations
6 manufacturing units in India
Key people
Revenue₹1,860.73 crore (US$220 million) (2022) [7]
₹121.06 crore (US$14 million) (2022) [7]
Total assetsIncrease₹9,576.95 crore (US$1.1 billion) (2022) [7]
Total equityIncrease₹2,620.47 crore (US$310 million) (2022) [7]
OwnerDepartment of Telecommunications, Ministry of Communications, Government of India[8]
Number of 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 as on 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]

References

[edit]
  1. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  2. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  3. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  4. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  5. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  6. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  7. ^ a b c d "Audited Financial Results (Standalone and Consolidated) for the Quarter and Year Ended 31st March 2022" (PDF). Itiltd.in. Retrieved 23 July 2022.
  8. ^ "69th annual Report 2018-19" (PDF). Itiltd.in. Retrieved 23 July 2022.
  9. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  10. ^ "Article: ITI to develop IP phones. (Internet).(Indian Telephone Industries)". India Telecom. 1 May 2002. Archived from the original on 3 November 2012. Retrieved 9 February 2010.
  11. ^ "ITI bags order from Alcatel". BusinessLine. 2 March 2006. Retrieved 9 February 2010.
  12. ^ "ITI Limited". Itiltd.in. Retrieved 23 July 2022.
  13. ^ "ITI signs contract for Army's ₹7,796-crore ASCON Phase IV project". www.thehindubusinessline.com. 2 October 2020. Retrieved 1 August 2022.

Sources

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