ITI Ltd has partnered with 58 start-ups and original equipment manufacturers (OEMs) covering the manufacturing of a wide range of ICT and IoT-based solutions.
They include civil and military advanced radar systems, advanced edge router systems, next generation 5G technology products, data storage and networking solutions, digital security solutions, advanced metering solutions and WiFi products and solutions.
Start-up Tech Expo
On the second day of ITI’s two-day ‘ICT & IoT Start-up Tech Expo’ hosted at its Bengaluru plant on Sunday, the multi-unit public sector also signed Transfer of Technology (ToT) agreements with eight companies, including TEC, 3S Sensor, Nivette Sytems, Lekha Wireless, Quantum Storage, Innoworx, AGT and Cambium Networks. The agreements were signed in the presence of Union Minister of State (Independent Charge) for Communications and Minister of State for Railways Manoj Sinha and Chairman, Telecom Commission and Secretary, Department of Telecommunications, Aruna Sundararajan.
“With more than 20,000 start-ups, India has the second largest ecosystem for start-ups in the world. Such events will provide an effective platform for start-ups to convert their innovative ideas into marketable products and services. Young India should serve India,” said Sinha.
He said the agreements signed today would also help ITI diversify its manufacturing capabilities in partnership with start-ups, thereby supporting the sustainable turnaround of ITI. – The Hindu Business Line