ITI Signs MoU with Tech Mahindra, Sets Sight on BSNL 4G Tenders

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ITI, a PSU engaged in the manufacturing of telecom and defense equipment has set its sight on the now delayed Bharat Sanchar Nigam Limited (BSNL) 4G tender. The development was revealed on Monday by R M Agarwal, CMD of ITI in a video interview to CNBC TV18. ITI on Friday announced the signing of an MoU with Tech Mahindra for the new generation wireless technology with Agarwal on Monday highlighting that the MoU is largely dedicated to the BSNL tender. Agarwal projects the revenues in the range of Rs 2000 crores to Rs 6000 crores from the upcoming 4G and 5G business activity in India.

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ITI Signs MoU With Tech Mahindra

ITI on Friday said that the MoU with Tech Mahindra will revolve around the 4G and 5G smart networks, smart cities and health care services. As part of the partnership, ITI will productionise 4G upgradable to 5G Radio Access Network. Tech Mahindra is tasked with the responsibility of providing the software IPs, implementation and integration services along with the operations and maintenance services.

“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,” Agarwal said in the release on Friday. “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.”