ITI meaning in NSE Company Symbol ?
Answer: What is ITI Limited mean?
ITI Limited, earlier known as Indian Telephone Industries Limited, is a government-owned telecommunications equipment manufacturing enterprise 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 Bengaluru, Naini, Manakapur, Raebareli, Palakkad and Srinagar which produce a range of switching, transmission, access and subscriber premises equipment. It is headquartered at Bengaluru. It has multi-locational electronic assembly and mechanical manufacturing facilities accredited with ISO 9001:2015, 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. These two facilities supply more than nine million lines per annum to both domestic as well as export markets. The Palakkad unit is an ISO 9001:2015, ISO 14001:2015 and NPCI certified company, having highly secure data handling with assembly and personalization of smart cards and state of the art 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) equipment such as network management systems, encryption and networking solutions for internet connectivity, and secure communications networks and equipment for India's military. The company has above 3500 employees as in October 2017.
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