ITI Limited organises conclave for Startups, MSMEs & Vendors

New Delhi/Bengaluru: ITI Limited organised a Conclave for Start-up Companies on July 18, 2023), for MSMEs under Digital Communication Innovation Square (DCIS), GOI Scheme (on July 20, 2023), and for ITI Empanelled Vendors (on July 21, 2023) at its sprawling Bangalore Unit.

Representatives from twelve Startups including NIRAL Networks, Lekha Wireless Solutions, Radiot Solutions, ELENA Geo Systems etc., various MSMEs under DCIS, and 30+ vendors empanelled with ITI Limited got an opportunity to experience firsthand ITI Limited’s 4G Lab, Research & Development Center, Data Center, Startup Hub - VINYAS, OFC and HDPE Manufacturing Unit, Telecom Testing Lab, Reliability Lab, Mechanical Fabrication Lab, Powder Coating Lab that are nestled in the lush green campus of ITI Bangalore Manufacturing Plant.

ITI Limited not only got an opportunity to showcase its manufacturing facilities available before the enthusiastic participants but also enabled them to explore possible collaborations and ideate about future synergies. The Conclave was presided over by Mr. Rakesh Chandra Tiwari, Director-Marketing who made a presentation about the capabilities that ITI Limited possesses and urged everyone to proactively seek opportunities to collaborate with ITI. Top leadership of ITI Limited including Director (Production) S Jayanthi, Executive Director (Technology Development) Ila Bahadur, Bangalore Unit Head T S Sudhakar, General Manager (Operations) R Vasanthi among others were present in this Conclave and interacted with the participants.

As part of this Conclave, many Start-up companies in the field of manufacturing solutions related to ICT, Internet of Things (IoT), and defence technology participated and brainstormed on how to leverage ITI Limited’s manufacturing expertise for mutual benefit.

Speaking on this occasion, ITI Limited's Director (Marketing) Rakesh Chandra Tiwari said, “ITI Limited is renowned for encouraging startups and we are very proud that we have incubated many startups in our campus till now. Startups are having technology with them, they want a manufacturing infrastructure to manufacture their products, marketing setup to market those things. This is where ITI wants to help them. Mr. Tiwari added – “ITI has been providing space for incubation centres on a mutually agreed terms and condition and has been involved in helping them since many years now.”

Speaking on this occasion, NIRAL Networks' CEO Abhijit Chaudhary said - “There is ample opportunity for us to work with ITI Limited and I am excited that India’s oldest PSU is eager to help us achieve our potential. We look forward to working with ITI”.

Another participating startup iBus Networks & Infrastructure's CEO & Managing DirectorRam Sellaratnam said - “We see an opportunity to work closely with ITI”.

The Conclave concluded with a factory visit for the participants and feedback was taken from all the participants as to how the future Conclaves can be made more productive and enriching.

Disclaimer: This story is a press release and is being published without any editing, except the headline, by the PSU Watch desk.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)