![ITI Limited adds Rs 64 lakh in PM CARES Fund to fight COVID-19](http://media.assettype.com/psuwatch%2Fimport%2Fwp-content%2Fuploads%2F2022%2F02%2FITI-Limited-PSU-Watch-min.jpg?w=480&auto=format%2Ccompress&fit=max)
New Delhi: To support the noble cause of fighting the Coronavirus (COVID-19) pandemic in India, ITI Limited has contributed Rs 64 lakhs to the Prime Minister's citizen assistance and relief in emergency situation fund (PM- CARES fund).
Further, the company has also proposed to contribute approx Rs 45 lakhs as one-day salary contribution from all employees of ITI Limited.
"As per Prime Minister's call for the nation's support against Coronavirus (COVID-19), ITI stands with the nation during these difficult times. I am totally humbled to see the commitment of our employees towards the well-being of society during the crisis:" ITI Limited's CMD RM Agrawal
In addition to this, ITI has also launched a number of corporate social responsibility (CSR) initiatives to support the country's fight against the Coronavirus (COVID-19). The company has adopted 1,000 families in its neighbourhood at Ambedkar Nagar colony, Bengaluru and distributing 3,000 kits of ration to the needy people of the area. Each kit includes Rice, Atta, Daal, Salt, Sugar and two Dettol soaps. The kits distribution is expected to be completed within 10-12 days.
ITI Limited's Chairman & Managing Director (CMD) Rakesh Mohan Agrawal said, "As per Prime Minister's call for the nation's support against Coronavirus (COVID-19), ITI stands with the nation during these difficult times. I am totally humbled to see the commitment of our employees towards the well-being of society during the crisis.
ITI Limited, formerly known as Indian Telephone Industries Limited, is India's first Public Sector Unit (PSU) – established as a departmental factory in 1948. In 1950, ITI Private Limited was incorporated as a Private Limited company. Ever since it has contributed significantly to the country's national telecom network. With manufacturing facilities spread across five locations and a countrywide network of marketing and service outlets, the company offers a range of telecom products and total solutions covering the spectrum of switching, transmission, access and subscriber premises equipment.