New Delhi: To supplement country’s requirement of self-reliance in the area of Telecommunication, ITI Limited, a PSU manufacturing telecom and defence equipment and Tech Mahindra, a leading provider of digital transformation, consulting and business reengineering services have signed a memorandum of understanding (MoU) to work together in the areas of 4G & 5G smart networks, Smart Cities and Health Care services.
ITI and Tech Mahindra will collaborate to create 'Make in India' stack as part of this MoU for the upcoming 4G & 5G opportunities in India. ITI Limited, with more than seven decades of experience in manufacturing will productionise the 4G upgradeable to 5G Radio Access Network and related equipment in line with the government’s initiative of Aatma Nirbhar Bharat. Tech Mahindra will be responsible for providing the software IPs, implementation and integration services, operations and maintenance services. This partnership intends to jointly build a framework that will provide solutions for the upcoming wireless technologies to different telecom service providers in the country and also address business opportunities globally.
ITI Limited's Chairman & Managing Director (CMD) RM Agarwal said, “The initiative is to build local competence by synergising the offerings of ITI & Tech Mahindra to create a next-generation wireless stack that will help India to become self-sufficient in the area of Telecommunications. ITI with state of the art facilities and capabilities for manufacturing Telecom equipment plans to manufacture the eNodeB and 5G NR products in the different plants using Tech Mahindra software and wireless technologies. The partnership will not only help to reduce dependency on import of Telecom equipment from foreign countries but also address the concerns in building a strategic network for Defense Communication. Through this partnership, we commit ourselves to the Government’s initiative of Aatma Nirbhar Bharat.”
Commenting on the partnership with ITI, Sujit Baksi, Head APAC Business & President Corporate Affairs, Tech Mahindra, said, “Tech Mahindra will bring state of the art platform technologies and software capabilities and ITI will use its world-class manufacturing facilities and expertise to build the wireless solution for next generations. We are delighted to partner with ITI in this important initiative towards self-reliance in the area of technology.”
Disclaimer: This story is a press release and is being published without any editing by PSU Watch desk. Our editorial team has only changed the headline.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)