Indian Telephone Industries Limited

Indian telephone company (founded 1948)

  • Telecom equipment
  • Networking equipment
  • 3D printing
Founded12 October 1948 (Corporate Status: 25 January 1950)Headquarters
Bangalore
,
India
Number of 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
  • Shri Ashwini Vaishnaw (Cabinet Minister for Communications)
  • Shri Rajesh Rai
    (Chairman & Managing Director)
  • Shri Rajeev Srivastava
    (Director Finance)
  • Smt S Jeyanthi
    (Director Production)
Revenue₹1,860.73 crore (US$230 million) (2022) [7]
Net income
₹121.06 crore (US$15 million) (2022) [7]Total assetsIncrease₹9,576.95 crore (US$1.2 billion) (2022) [7]Total equityIncrease₹2,620.47 crore (US$330 million) (2022) [7]OwnerDepartment of Telecommunications , Ministry of Communications , Government of India[8]
Number of employees
1800 (December 1, 2023)

1301 Officers

499 Non-Officers [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 1800 employees as on[update] December 1, 2023.[12] On 01-10-2020, ITI Limited signed a contract with Defence to implement ₹7,796 crore ASCON Phase-IV project.[13]

References

  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

  • "Revival of Indian Telephone Industries at Bangalore". Press Information Bureau Government of India. 25 August 2005. Retrieved 9 February 2010.

External links

  • Government of India - Department of Telecommunications - Public Sector Units
  • About ITI Limited (https://itiltd.in/)
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India Ministry of Communications (India)
Department of Telecommunications
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  • National Telecommunications Institute for Policy Research Innovation Training (NTIPRIT)
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  • The Indian Telegraph Act, 1885
  • The Indian Wireless Telegraphy Act, 1940
  • The Indian Post Office Act, 1898
  • The Telecom Regulatory Authority of India Act, 1997
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Preceding Ministry: Ministry of Communications and Information Technology
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