MTNL-BSNL’s Reservation Quota for ITI Ltd Extended

By October 6th, 2010 AT 12:59 PM

In a bid to boost the State run Telecom Gear manufacturer ITI ltd , Govt of India’s Cabinet Committee on Economic Affairs has approved the continuation of 30% reservation quota of the requirement of BSNL/MTNL for ITI for a period of two years for products manufactured by it as well as on turnkey projects (like GSM network roll-out).

BSNL/MTNL will give 70% advance against the orders placed on ITI so that ITI does not face the problem of working capital for the execution of the orders.

The extension of the benefit of 30% reservation quota with 70% advance from BSNL and MTNL will ensure enough orders for ITI for the production activities. In today’s highly competitive environment, it is very difficult for ITI to survive on its own without the benefit of quota which BSNL/MTNL has been extending for ITI for the last many years.

2
Leave a Reply

avatar
Photo and Image Files
 
 
 
2 Comment threads
0 Thread replies
0 Followers
 
Most reacted comment
Hottest comment thread
2 Comment authors
Anbu John BobanJitendra Recent comment authors
newest oldest most voted
Anbu John Boban

If Govt Provide latest infrastructure in all the sectors for telecommunication it will be the top..ITI ..

Jitendra
Jitendra

Bad news for MTNL & BSNL lovers Jai HO Soniaji ki & Congress(I)ki, Ab toh ho gaye project complete, Jai ho

Recent Posts

Hathway 100 Mbps Broadband Plan With 1TB FUP Limit Now Costs Just Rs 699 per Month

Hathway has been very active in the broadband segment competing with the likes of ACT Fibernet and Airtel Broadband. At...

Airtel Xstream Box: Android TV, OTT Apps and Other Top Features of this Hybrid Set-Top Box

Bharti Airtel started its series of Android TV boxes with the launch of Airtel Internet TV a few years back....

Tata Sky Mobile App Closes on JioTV By Offering Over 400 Live TV Channels

Currently, OTT applications and live TV applications are all the fad in the market. These apps have allowed the smartphones...